Short Interest in ADS-TEC Energy PLC (NASDAQ:ADSEW) Increases By 392.5%

ADS-TEC Energy PLC (NASDAQ:ADSEWGet Free Report) was the target of a large increase in short interest during the month of June. As of June 15th, there was short interest totaling 1,448 shares, an increase of 392.5% from the May 31st total of 294 shares. Based on an average daily volume of 829 shares, the short-interest ratio is presently 1.7 days.

ADS-TEC Energy Stock Performance

Shares of NASDAQ ADSEW traded up $0.02 during midday trading on Friday, reaching $0.47. 37,364 shares of the company were exchanged, compared to its average volume of 15,105. The stock’s 50-day moving average price is $0.51 and its 200-day moving average price is $0.68. ADS-TEC Energy has a one year low of $0.33 and a one year high of $2.10.

About ADS-TEC Energy

(Get Free Report)

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.

Recommended Stories

Receive News & Ratings for ADS-TEC Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ADS-TEC Energy and related companies with MarketBeat.com's FREE daily email newsletter.