Anaergia Inc. (OTCMKTS:ANRGF) Sees Large Increase in Short Interest

Anaergia Inc. (OTCMKTS:ANRGF) saw a significant growth in short interest in May. As of May 15th, there was short interest totaling 171,017 shares, a growth of 163.6% from the April 30th total of 64,882 shares. Based on an average daily volume of 20,233 shares, the days-to-cover ratio is currently 8.5 days. Currently, 0.6% of the company’s stock are sold short.

Anaergia Stock Up 1.2%

OTCMKTS ANRGF opened at $2.10 on Friday. Anaergia has a twelve month low of $0.90 and a twelve month high of $4.28. The firm has a market capitalization of $59.31 million, a PE ratio of -7.50 and a beta of 2.43. The stock’s 50 day moving average is $2.14 and its 200 day moving average is $1.86.

About Anaergia

Anaergia Inc (OTCMKTS: ANRGF) is a Canadian-based provider of advanced waste-to-value and resource recovery solutions. Headquartered in Oakville, Ontario, the company specializes in the design, engineering, procurement and construction of integrated systems that convert organic waste and wastewater feedstocks into renewable energy, bio-fertilizers, recycled water and other high-value byproducts. Leveraging proprietary technologies in anaerobic digestion, thermal hydrolysis, membrane filtration and nutrient recovery, Anaergia’s offerings enable municipal and industrial clients to reduce their environmental footprint while generating sustainable revenue streams.

Since its founding in 2008 under the name Davis Clean Tech and subsequent rebranding as Anaergia, the company has expanded its global footprint with projects across North America, Europe, Asia and Australia.