ADS-TEC Energy PLC (NASDAQ:ADSEW – Get Free Report) was the recipient of a large increase in short interest in 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 trading volume of 829 shares, the days-to-cover ratio is presently 1.7 days.
ADS-TEC Energy Trading Up 4.7%
Shares of ADSEW stock opened at $0.47 on Friday. The firm has a 50-day moving average of $0.51 and a 200-day moving average of $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
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.
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