Advent Technologies Holdings, Inc. (NASDAQ:ADNWW) Short Interest Down 17.6% in February

Advent Technologies Holdings, Inc. (NASDAQ:ADNWW – Get Rating) was the recipient of a large decline in short interest in the month of February. As of February 28th, there was short interest totalling 16,900 shares, a decline of 17.6% from the February 13th total of 20,500 shares. Based on an average daily volume of 92,000 shares, the short-interest ratio is currently 0.2 days.

Hedge Funds Weigh In On Advent Technologies

An institutional investor recently raised its position in Advent Technologies stock. B. Riley Wealth Advisors Inc. lifted its position in Advent Technologies Holdings, Inc. (NASDAQ:ADNWW – Get Rating) by 399.9% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 127,600 shares of the company’s stock after buying an additional 102,074 shares during the quarter. B. Riley Wealth Advisors Inc.’s holdings in Advent Technologies were worth $74,000 at the end of the most recent quarter.

Advent Technologies Price Performance

Shares of ADNWW stock opened at $0.17 on Monday. The company’s fifty day simple moving average is $0.17. Advent Technologies has a 12 month low of $0.09 and a 12 month high of $0.80.