ADS-TEC Energy PLC (NASDAQ:ADSE) Short Interest Up 8.8% in September

ADS-TEC Energy PLC (NASDAQ:ADSE) was the recipient of a significant growth in short interest in September. As of September 15th, there was short interest totalling 93,500 shares, a growth of 8.8% from the August 31st total of 85,900 shares. Based on an average trading volume of 93,600 shares, the days-to-cover ratio is currently 1.0 days. Approximately 0.4% of the company’s stock are short sold.

Institutional Investors Weigh In On ADS-TEC Energy

An institutional investor recently bought a new position in ADS-TEC Energy stock. Crewe Advisors LLC acquired a new stake in shares of ADS-TEC Energy PLC (NASDAQ:ADSE) in the first quarter, according to its most recent disclosure with the SEC. The firm acquired 14,200 shares of the company’s stock, valued at approximately $149,000. Institutional investors and hedge funds own 51.65% of the company’s stock.

ADS-TEC Energy Stock Up 3.2 %

ADSE stock opened at $13.10 on Friday. The stock’s 50 day simple moving average is $12.49 and its 200 day simple moving average is $11.59. ADS-TEC Energy has a 12-month low of $5.81 and a 12-month high of $13.59.

ADS-TEC Energy Company Profile

ADS-TEC Energy PLC provide intelligent and decentralized energy storage systems in Europe and North America. Its portfolio of ecosystem platforms provides DC-based ultra-fast chargers for EVs on power limited grids, energy storage and management solutions for commercial and industrial applications, and energy storage and management solutions for residential sector coupling applications.