ADS-TEC Energy PLC (NASDAQ:ADSE - Get Free Report) was the recipient of a large increase in short interest in November. As of November 15th, there was short interest totalling 557,800 shares, an increase of 6.7% from the October 31st total of 522,700 shares. Based on an average daily volume of 106,100 shares, the days-to-cover ratio is currently 5.3 days. Approximately 2.4% of the shares of the company are short sold.
ADS-TEC Energy Trading Down 0.7 %
Shares of ADS-TEC Energy stock traded down $0.10 during trading hours on Tuesday, reaching $13.73. The stock had a trading volume of 73,360 shares, compared to its average volume of 76,749. ADS-TEC Energy has a twelve month low of $6.10 and a twelve month high of $15.01. The stock's 50 day moving average is $13.67 and its 200 day moving average is $12.62.
Institutional Inflows and Outflows
An institutional investor recently raised its position in ADS-TEC Energy stock. Geode Capital Management LLC lifted its position in ADS-TEC Energy PLC (NASDAQ:ADSE - Free Report) by 15.0% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 31,801 shares of the company's stock after acquiring an additional 4,154 shares during the period. Geode Capital Management LLC owned 0.06% of ADS-TEC Energy worth $425,000 as of its most recent filing with the Securities and Exchange Commission (SEC). 51.65% of the stock is currently owned by hedge funds and other institutional investors.
ADS-TEC Energy Company Profile
(
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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.
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