Short Interest in Anaergia Inc. (OTCMKTS:ANRGF) Increases By 113.3%

Anaergia Inc. (OTCMKTS:ANRGFGet Free Report) was the recipient of a significant growth in short interest in the month of June. As of June 30th, there was short interest totaling 195,647 shares, a growth of 113.3% from the June 15th total of 91,743 shares. Based on an average daily volume of 23,039 shares, the days-to-cover ratio is currently 8.5 days. Approximately 0.7% of the company’s shares are sold short.

Anaergia Price Performance

Shares of ANRGF stock opened at $1.65 on Wednesday. The firm’s 50-day moving average is $2.01 and its two-hundred day moving average is $1.89. Anaergia has a 12 month low of $0.93 and a 12 month high of $4.28. The company has a market capitalization of $46.60 million, a PE ratio of -5.89 and a beta of 2.43.

About Anaergia

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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.

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