Short Interest in Telkonet Inc. (OTCMKTS:TKOI) Decreases By 73.2%

Telkonet Inc. (OTCMKTS:TKOIGet Free Report) was the recipient of a significant drop in short interest in June. As of June 15th, there was short interest totaling 7,086 shares, a drop of 73.2% from the May 31st total of 26,434 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 4,456,030 shares, the short-interest ratio is currently 0.0 days.

Telkonet Stock Performance

OTCMKTS:TKOI opened at $0.01 on Friday. Telkonet has a 52 week low of $0.00 and a 52 week high of $0.04. The stock’s fifty day moving average is $0.02 and its two-hundred day moving average is $0.01.

Telkonet Company Profile

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Telkonet, Inc is a technology company specializing in smart energy and water management solutions for commercial and institutional facilities. The company’s core business revolves around creating Internet of Things (IoT) devices, software platforms and control systems that enable automated, occupancy-based conservation of electricity, heating, cooling and water in settings such as hospitality, education, senior living, healthcare and government properties.

Central to Telkonet’s offering is its EcoSmart Energy suite, which includes programmable thermostats, occupancy sensors and networked gateways that communicate with cloud-based management software.

Further Reading

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