Advent Technologies Holdings, Inc. (NASDAQ:ADN) Sees Significant Growth in Short Interest

Advent Technologies Holdings, Inc. (NASDAQ:ADN) was the target of a significant growth in short interest in the month of November. As of November 15th, there was short interest totalling 145,900 shares, a growth of 177.9% from the October 31st total of 52,500 shares. Approximately 6.7% of the company’s shares are short sold. Based on an average daily trading volume, of 1,170,000 shares, the short-interest ratio is presently 0.1 days.

Advent Technologies Price Performance

Shares of NASDAQ ADN opened at $5.31 on Friday. The company’s 50 day simple moving average is $3.31 and its 200 day simple moving average is $12.24. Advent Technologies has a fifty-two week low of $1.71 and a fifty-two week high of $15.00. The firm has a market capitalization of $14.00 million, a P/E ratio of -0.20 and a beta of 0.11.

Advent Technologies (NASDAQ:ADN) last issued its earnings results on Tuesday, October 15th. The company reported ($4.28) EPS for the quarter. Advent Technologies had a negative net margin of 828.45% and a negative return on equity of 442.47%. The firm had revenue of $0.81 million during the quarter.

Advent Technologies Company Profile

Advent Technologies Holdings, Inc, an advanced materials and technology development company, operates in the fuel cell and hydrogen technology markets in North America, Europe, and Asia. It develops, manufactures, and assembles fuel cell systems and critical components that determine the performance of hydrogen fuel cells and other energy systems.