Short Interest in ADS-TEC Energy PLC (NASDAQ:ADSEW) Drops By 93.3%

ADS-TEC Energy PLC (NASDAQ:ADSEW) was the target of a significant decline in short interest in May. As of May 31st, there was short interest totalling 200 shares, a decline of 93.3% from the May 15th total of 3,000 shares. Based on an average daily volume of 15,100 shares, the short-interest ratio is presently 0.0 days.

ADS-TEC Energy Price Performance

ADSEW opened at $1.85 on Thursday. The business’s 50 day moving average is $1.98 and its two-hundred day moving average is $2.95. ADS-TEC Energy has a 52 week low of $1.21 and a 52 week high of $4.86.

About ADS-TEC Energy

ADS-TEC Energy PLC engages in the provision of intelligent and decentralized energy storage systems in Europe and North America. Its portfolio of ecosystem platforms provides DC-based ultra-fast chargers for Electric Vehicles (EVs) on power limited grids; and energy storage and management solutions for commercial and industrial, and residential sector coupling applications.