Applied Energetics, Inc. (OTCMKTS:AERG - Get Free Report) was the target of a large increase in short interest in the month of October. As of October 31st, there was short interest totalling 759,100 shares, an increase of 8.0% from the October 15th total of 703,100 shares. Based on an average daily trading volume, of 147,400 shares, the days-to-cover ratio is currently 5.1 days.
Applied Energetics Trading Down 1.1 %
AERG stock traded down $0.01 during trading on Friday, reaching $0.87. The stock had a trading volume of 235,640 shares, compared to its average volume of 83,329. The firm has a fifty day moving average price of $0.86 and a 200 day moving average price of $1.27. The company has a market capitalization of $186.03 million, a P/E ratio of -29.00 and a beta of 0.29. Applied Energetics has a 1-year low of $0.43 and a 1-year high of $2.41.
About Applied Energetics
(
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Applied Energetics, Inc engages in the provision of advanced optical technologies and ultrashort pulse directed energy solutions utilizing dual-use laser and optical technologies to defense, national security, industrial, biomedical, and scientific customers worldwide. It develops and holds various intellectual property rights such as laser guided energy and laser induced plasma channel technology for used in high-tech directed energy systems.
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