Applied Energetics, Inc. (OTCMKTS:AERG) Short Interest Update

Applied Energetics, Inc. (OTCMKTS:AERG) saw a significant increase in short interest in the month of March. As of March 31st, there was short interest totalling 607,300 shares, an increase of 6.7% from the March 15th total of 569,000 shares. Based on an average daily trading volume, of 176,600 shares, the days-to-cover ratio is presently 3.4 days.

Applied Energetics Price Performance

Shares of AERG stock opened at $1.90 on Wednesday. The firm has a market cap of $400.53 million, a PE ratio of -63.17 and a beta of 0.43. The company has a 50-day moving average of $1.93 and a two-hundred day moving average of $2.06. Applied Energetics has a 1-year low of $1.68 and a 1-year high of $3.04.

About Applied Energetics

Applied Energetics, Inc engages in the provision of advanced optical technologies and ultrashort pulse directed energy solutions utilizing dual-use laser and optical technologies to defense, national security, industrial, biomedical, and scientific customers worldwide. It develops and holds various intellectual property rights such as laser guided energy and laser induced plasma channel technology for used in high-tech directed energy systems.