Telkonet Inc. (OTCMKTS:TKOI) Sees Large Decrease in Short Interest

Telkonet Inc. (OTCMKTS:TKOI) was the recipient of a significant decrease in short interest in the month of July. As of July 31st, there was short interest totaling 8,004 shares, a decrease of 74.6% from the July 15th total of 31,473 shares. Based on an average trading volume of 352,307 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the stock are short sold.

Telkonet Price Performance

Shares of OTCMKTS TKOI opened at $0.03 on Friday. Telkonet has a 52-week low of $0.00 and a 52-week high of $0.04. The business has a fifty day moving average of $0.03 and a two-hundred day moving average of $0.02.

Telkonet Company Profile

Telkonet, Inc is a technology company specializing in smart energy and water management solutions for commercial and institutional facilities. The company’s core business revolves around creating Internet of Things (IoT) devices, software platforms and control systems that enable automated, occupancy-based conservation of electricity, heating, cooling and water in settings such as hospitality, education, senior living, healthcare and government properties.

Central to Telkonet’s offering is its EcoSmart Energy suite, which includes programmable thermostats, occupancy sensors and networked gateways that communicate with cloud-based management software.