adesso SE (OTCMKTS:ADSGF) Sees Significant Decrease in Short Interest

adesso SE (OTCMKTS:ADSGF) saw a large drop in short interest during the month of June. As of June 15th, there was short interest totaling 1,268 shares, a drop of 75.7% from the May 31st total of 5,219 shares. Based on an average trading volume of 18 shares, the short-interest ratio is currently 70.4 days.

adesso Price Performance

Shares of ADSGF opened at $60.00 on Friday. The stock has a 50-day moving average of $92.98 and a two-hundred day moving average of $116.97. adesso has a one year low of $60.00 and a one year high of $73.71.

About adesso

adesso SE, together with its subsidiaries, provides IT services in Germany, Austria, Switzerland, and internationally. It operates through two segments, IT Services and IT Solutions. The company offers industry-specific IT consulting and software development services; and distributes software products and industry-specific or industry-neutral solutions. The company provides application management, data and analytics, digital and customer experience, interaction room, IT management and organizational consulting, SmartShore, security, and other services.