ADS-TEC Energy PLC (NASDAQ:ADSEW) Sees Large Decrease in Short Interest

ADS-TEC Energy PLC (NASDAQ:ADSEW) was the recipient of a large drop in short interest in the month of May. As of May 29th, there was short interest totaling 294 shares, a drop of 36.9% from the May 14th total of 466 shares. Based on an average daily volume of 4,390 shares, the short-interest ratio is presently 0.1 days.

ADS-TEC Energy Stock Down 37.3%

NASDAQ:ADSEW opened at $0.31 on Monday. The company has a 50-day moving average price of $0.53 and a 200-day moving average price of $0.71. ADS-TEC Energy has a 12 month low of $0.40 and a 12 month high of $2.30.

ADS-TEC Energy Company Profile

ADS-TEC Energy (NASDAQ: ADSEW) is a Germany-based energy technology company specializing in advanced lithium-ion battery systems for stationary energy storage and ultrafast electric vehicle (EV) charging. The company develops, manufactures and supplies modular, scalable energy storage solutions designed to stabilize power grids, support renewable integration and secure backup power for commercial, industrial and utility customers. Its signature product lines include containerized storage units for megawatt-scale applications and compact, rack-mountable modules for distributed energy resources.

In its fast-charging business, ADS-TEC Energy’s ultrafast charging stations leverage high-power battery buffers that reduce grid stress and enable short-duration, high-throughput EV charging.