Short Interest in Telkonet Inc. (OTCMKTS:TKOI) Declines By 58.9%

Telkonet Inc. (OTCMKTS:TKOIGet Free Report) was the recipient of a significant decline in short interest during the month of July. As of July 15th, there was short interest totaling 31,473 shares, a decline of 58.9% from the June 30th total of 76,620 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 1,831,575 shares, the days-to-cover ratio is currently 0.0 days.

Telkonet Stock Performance

Shares of OTCMKTS TKOI opened at $0.03 on Tuesday. The stock’s 50 day moving average price is $0.02 and its two-hundred day moving average price is $0.01. Telkonet has a 52-week low of $0.00 and a 52-week 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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