Short Interest in Telkonet Inc. (OTCMKTS:TKOI) Expands By 981.3%

Telkonet Inc. (OTCMKTS:TKOIGet Free Report) was the recipient of a large growth in short interest during the month of June. As of June 30th, there was short interest totaling 76,620 shares, a growth of 981.3% from the June 15th total of 7,086 shares. Based on an average daily volume of 1,964,737 shares, the short-interest ratio is presently 0.0 days. Approximately 0.1% of the shares of the stock are sold short.

Telkonet Price Performance

TKOI stock traded down $0.00 on Friday, reaching $0.03. The company had a trading volume of 802,273 shares, compared to its average volume of 859,239. The company’s fifty day moving average is $0.02 and its 200 day moving average is $0.01. Telkonet has a 1 year low of $0.00 and a 1 year high of $0.04.

About Telkonet

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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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