ADS-TEC Energy PLC (NASDAQ:ADSE – Get Free Report) saw a significant decline in short interest during the month of April. As of April 15th, there was short interest totalling 146,800 shares, a decline of 13.0% from the March 31st total of 168,700 shares. Based on an average daily volume of 76,500 shares, the short-interest ratio is presently 1.9 days. Currently, 0.7% of the company’s shares are sold short.
Institutional Trading of ADS-TEC Energy
An institutional investor recently raised its position in ADS-TEC Energy stock. Raymond James & Associates boosted its stake in ADS-TEC Energy PLC (NASDAQ:ADSE – Free Report) by 22.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 286,090 shares of the company’s stock after acquiring an additional 51,536 shares during the period. Raymond James & Associates owned 0.58% of ADS-TEC Energy worth $2,046,000 at the end of the most recent quarter. Institutional investors and hedge funds own 51.65% of the company’s stock.
ADS-TEC Energy Stock Performance
NASDAQ:ADSE opened at $10.89 on Monday. The stock’s 50-day moving average is $10.44 and its 200-day moving average is $8.20. ADS-TEC Energy has a 1-year low of $2.01 and a 1-year high of $11.48.
ADS-TEC Energy Company Profile
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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