Advent Technologies Holdings, Inc. (NASDAQ:ADN) Short Interest Update

Advent Technologies Holdings, Inc. (NASDAQ:ADN) was the recipient of a significant increase in short interest in the month of December. As of December 15th, there was short interest totalling 158,600 shares, an increase of 16.8% from the November 30th total of 135,800 shares. Approximately 7.2% of the shares of the company are short sold. Based on an average daily volume of 1,180,000 shares, the days-to-cover ratio is currently 0.1 days.

Advent Technologies Price Performance

Shares of ADN stock traded up $0.18 during midday trading on Monday, reaching $5.33. 4,960 shares of the company traded hands, compared to its average volume of 331,085. The firm’s 50 day simple moving average is $4.77 and its two-hundred day simple moving average is $3.64. The firm has a market cap of $14.05 million, a PE ratio of -0.21 and a beta of 0.43. Advent Technologies has a 1-year low of $1.71 and a 1-year high of $9.52.

Advent Technologies (NASDAQ:ADN) last posted its earnings results on Friday, December 27th. The company reported ($3.65) earnings per share for the quarter. Advent Technologies had a negative net margin of 828.45% and a negative return on equity of 442.47%.

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.