Short Interest in Summer Energy Holdings, Inc. (OTCMKTS:SUME) Declines By 48.9%

Summer Energy Holdings, Inc. (OTCMKTS:SUME) saw a large decrease in short interest during the month of November. As of November 15th, there was short interest totalling 2,300 shares, a decrease of 48.9% from the October 31st total of 4,500 shares. Based on an average trading volume of 1,500 shares, the days-to-cover ratio is currently 1.5 days.

Summer Energy Stock Performance

SUME stock remained flat at $0.60 during midday trading on Thursday. Summer Energy has a twelve month low of $0.30 and a twelve month high of $0.99. The business’s fifty day moving average price is $0.47 and its two-hundred day moving average price is $0.51.

Summer Energy Company Profile

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.