Telkonet Inc. (OTCMKTS:TKOI) Sees Significant Decline in Short Interest

Telkonet Inc. (OTCMKTS:TKOIGet Free Report) was the target of a significant decrease in short interest in the month of June. As of June 15th, there was short interest totaling 7,086 shares, a decrease of 73.2% from the May 31st total of 26,434 shares. Based on an average trading volume of 4,456,030 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the company’s stock are sold short.

Telkonet Stock Performance

OTCMKTS:TKOI opened at $0.01 on Monday. Telkonet has a 12-month low of $0.00 and a 12-month high of $0.04. The stock has a fifty day moving average price of $0.02 and a 200 day moving average price of $0.01.

Telkonet Company Profile

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Telkonet, Inc is a technology company specializing in smart energy and water management solutions for commercial and institutional facilities. The company’s core business revolves around creating Internet of Things (IoT) devices, software platforms and control systems that enable automated, occupancy-based conservation of electricity, heating, cooling and water in settings such as hospitality, education, senior living, healthcare and government properties.

Central to Telkonet’s offering is its EcoSmart Energy suite, which includes programmable thermostats, occupancy sensors and networked gateways that communicate with cloud-based management software.

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