Summer Energy Holdings, Inc. (OTCMKTS:SUME) Short Interest Up 700.0% in August

Summer Energy Holdings, Inc. (OTCMKTS:SUME) saw a significant increase in short interest in the month of August. As of August 15th, there was short interest totalling 800 shares, an increase of 700.0% from the July 31st total of 100 shares. Based on an average daily volume of 3,400 shares, the days-to-cover ratio is presently 0.2 days.

Summer Energy Stock Up 8.4 %

Shares of OTCMKTS:SUME traded up $0.04 during trading on Wednesday, hitting $0.46. 2,525 shares of the company were exchanged, compared to its average volume of 6,442. Summer Energy has a fifty-two week low of $0.16 and a fifty-two week high of $0.99. The firm has a fifty day moving average price of $0.56 and a two-hundred day moving average price of $0.48.

About Summer Energy

Summer Energy Holdings, Inc, through its subsidiaries, operates as a retail electric provider in Texas, Massachusetts, New Hampshire, Ohio, and Illinois. It procures wholesale energy and resells to commercial and residential customers. The company was founded in 2011 and is headquartered in Houston, Texas.