Anaergia Inc. (OTCMKTS:ANRGF) Short Interest Update

Anaergia Inc. (OTCMKTS:ANRGF) was the target of a significant decline in short interest in the month of May. As of May 29th, there was short interest totaling 83,165 shares, a decline of 51.4% from the May 14th total of 171,017 shares. Based on an average trading volume of 33,740 shares, the days-to-cover ratio is presently 2.5 days. Currently, 0.3% of the shares of the company are short sold.

Anaergia Price Performance

Shares of Anaergia stock opened at $1.90 on Monday. Anaergia has a 52-week low of $0.91 and a 52-week high of $4.28. The company’s 50-day simple moving average is $2.16 and its 200-day simple moving average is $1.88. The firm has a market cap of $53.66 million, a price-to-earnings ratio of -6.79 and a beta of 2.43.

About Anaergia

Anaergia Inc (OTCMKTS: ANRGF) is a Canadian-based provider of advanced waste-to-value and resource recovery solutions. Headquartered in Oakville, Ontario, the company specializes in the design, engineering, procurement and construction of integrated systems that convert organic waste and wastewater feedstocks into renewable energy, bio-fertilizers, recycled water and other high-value byproducts. Leveraging proprietary technologies in anaerobic digestion, thermal hydrolysis, membrane filtration and nutrient recovery, Anaergia’s offerings enable municipal and industrial clients to reduce their environmental footprint while generating sustainable revenue streams.

Since its founding in 2008 under the name Davis Clean Tech and subsequent rebranding as Anaergia, the company has expanded its global footprint with projects across North America, Europe, Asia and Australia.