Short Interest in Tecogen Inc. (OTCMKTS:TGEN) Drops By 76.5%

Tecogen Inc. (OTCMKTS:TGEN - Get Free Report) saw a significant decline in short interest during the month of March. As of March 15th, there was short interest totalling 1,600 shares, a decline of 76.5% from the February 28th total of 6,800 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 514,300 shares, the days-to-cover ratio is currently 0.0 days.

Tecogen Stock Performance

Shares of TGEN traded down $0.34 during mid-day trading on Monday, hitting $2.27. 38,056 shares of the company's stock were exchanged, compared to its average volume of 185,548. The company has a current ratio of 1.53, a quick ratio of 0.70 and a debt-to-equity ratio of 0.03. Tecogen has a fifty-two week low of $0.59 and a fifty-two week high of $3.40. The business's 50 day moving average is $2.43 and its two-hundred day moving average is $1.66. The firm has a market capitalization of $56.64 million, a P/E ratio of -10.81 and a beta of 1.05.

Tecogen (OTCMKTS:TGEN - Get Free Report) last released its quarterly earnings results on Monday, March 17th. The company reported ($0.05) EPS for the quarter. Tecogen had a negative return on equity of 42.06% and a negative net margin of 24.15%. The company had revenue of $6.08 million for the quarter.

About Tecogen

Tecogen Inc, together with its subsidiaries, designs, manufactures, markets, and maintains ultra-clean cogeneration products for multi-family residential, commercial, recreational, and industrial use primarily in the United States. It operates through three segments: Products, Services, and Energy Production.