American DG Energy Short Interest Down 62.7% in August (ADGE)
Shares of American DG Energy (NYSE:ADGE) were the recipient of a large decline in short interest during the month of August. As of August 15th, there was short interest totalling 211,947 shares, a decline of 62.7% from the July 31st total of 568,438 shares, Analyst Ratings Network.com reports. Based on an average daily volume of 176,900 shares, the days-to-cover ratio is presently 1.2 days. Currently, 1.1% of the company’s shares are short sold.
Shares of American DG Energy (NYSE:ADGE) opened at 1.25 on Wednesday. American DG Energy has a one year low of $1.18 and a one year high of $2.59. The stock has a 50-day moving average of $1.39 and a 200-day moving average of $1.94. The company’s market cap is $65.9 million.
American DG Energy (NYSE:ADGE) last posted its quarterly earnings results on Thursday, August 14th. The company reported ($0.03) earnings per share for the quarter.
American DG Energy Inc (NYSE:ADGE) distributes, owns and operates clean, on-site energy systems that produce electricity, hot water, heat and cooling.
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