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

ADS-TEC Energy PLC (NASDAQ:ADSE) was the recipient of a large growth in short interest during the month of 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. Approximately 0.4% of the company’s shares are short sold. Based on an average daily volume of 93,600 shares, the short-interest ratio is currently 1.0 days.

ADS-TEC Energy Stock Up 2.1 %

NASDAQ:ADSE opened at $13.38 on Tuesday. The stock’s fifty day moving average price is $12.51 and its two-hundred day moving average price is $11.62. ADS-TEC Energy has a 52-week low of $5.81 and a 52-week high of $13.59.

Hedge Funds Weigh In On ADS-TEC Energy

A hedge fund recently bought a new stake in ADS-TEC Energy stock. Crewe Advisors LLC acquired a new position in shares of ADS-TEC Energy PLC (NASDAQ:ADSE) in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 14,200 shares of the company’s stock, valued at approximately $149,000. Institutional investors own 51.65% of the company’s stock.

About ADS-TEC Energy

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.