ADS-TEC Energy PLC (NASDAQ:ADSE - Get Free Report) saw a large increase in short interest in the month of January. As of January 15th, there was short interest totalling 849,100 shares, an increase of 43.0% from the December 31st total of 593,900 shares. Approximately 3.7% of the shares of the company are sold short. Based on an average trading volume of 105,800 shares, the days-to-cover ratio is currently 8.0 days.
ADS-TEC Energy Trading Down 1.7 %
ADSE stock traded down $0.27 during trading on Thursday, reaching $15.66. The company's stock had a trading volume of 101,991 shares, compared to its average volume of 157,894. The company's fifty day moving average is $14.61 and its 200-day moving average is $13.57. ADS-TEC Energy has a 1 year low of $6.90 and a 1 year high of $16.35.
Institutional Inflows and Outflows
A number of large investors have recently added to or reduced their stakes in the business. GAMMA Investing LLC bought a new position in shares of ADS-TEC Energy during the 4th quarter valued at approximately $69,000. Geode Capital Management LLC lifted its position in ADS-TEC Energy by 15.0% during the third quarter. Geode Capital Management LLC now owns 31,801 shares of the company's stock valued at $425,000 after purchasing an additional 4,154 shares during the last quarter. Finally, Mirabella Financial Services LLP grew its stake in shares of ADS-TEC Energy by 10.9% in the 3rd quarter. Mirabella Financial Services LLP now owns 682,455 shares of the company's stock worth $9,131,000 after buying an additional 67,043 shares in the last quarter. 51.65% of the stock is owned by hedge funds and other institutional investors.
About ADS-TEC Energy
(
Get Free Report)
ADS-TEC Energy PLC provide intelligent and decentralized energy storage systems in Europe and North America. Its portfolio of ecosystem platforms provides DC-based ultra-fast chargers for EVs on power limited grids, energy storage and management solutions for commercial and industrial applications, and energy storage and management solutions for residential sector coupling applications.
Featured Articles
Before you consider ADS-TEC Energy, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and ADS-TEC Energy wasn't on the list.
While ADS-TEC Energy currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
