Acorn Energy, Inc. (OTCMKTS:ACFN) Short Interest Update

Acorn Energy, Inc. (OTCMKTS:ACFN) was the target of a significant increase in short interest in the month of April. As of April 15th, there was short interest totalling 300 shares, an increase of 200.0% from the March 31st total of 100 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average trading volume of 10,300 shares, the days-to-cover ratio is currently 0.0 days.

Acorn Energy Stock Down 2.0 %

ACFN stock opened at $14.70 on Friday. The firm has a market cap of $36.62 million, a price-to-earnings ratio of 31.96 and a beta of 0.37. The business’s fifty day simple moving average is $15.88 and its two-hundred day simple moving average is $16.42. Acorn Energy has a twelve month low of $7.00 and a twelve month high of $19.50.

Acorn Energy (OTCMKTS:ACFN) last issued its quarterly earnings results on Thursday, March 6th. The technology company reported $0.31 earnings per share for the quarter. Acorn Energy had a net margin of 11.80% and a negative return on equity of 275.24%. The firm had revenue of $3.53 million for the quarter.

Acorn Energy Company Profile

Acorn Energy, Inc, together with its subsidiaries, develops and markets wireless remote monitoring and control systems for various markets in the United States and internationally. It operates in two segments, Power Generation (PG) Monitoring and Cathodic Protection (CP) Monitoring. The PG segment provides wireless remote monitoring and control systems, and services for critical assets, which include stand-by power generators, pumps, pumpjacks, light towers, turbines, compressors, fire pumps, and other industrial equipment; and Internet of Things applications.