Short Interest in Tecogen Inc. (OTCMKTS:TGEN) Drops By 88.9%

Tecogen Inc. (OTCMKTS:TGEN) was the target of a significant decrease in short interest in January. As of January 15th, there was short interest totalling 1,300 shares, a decrease of 88.9% from the December 31st total of 11,700 shares. Based on an average trading volume of 53,000 shares, the short-interest ratio is currently 0.0 days.

Tecogen Stock Up 11.9 %

Shares of Tecogen stock traded up $0.26 on Tuesday, reaching $2.39. 256,399 shares of the company were exchanged, compared to its average volume of 240,038. The company has a market capitalization of $59.63 million, a price-to-earnings ratio of -11.38 and a beta of 0.94. The company has a current ratio of 1.53, a quick ratio of 0.70 and a debt-to-equity ratio of 0.03. Tecogen has a one year low of $0.59 and a one year high of $3.34. The company has a 50-day moving average of $1.79 and a 200 day moving average of $1.19.

About Tecogen

Tecogen Inc, together with its subsidiaries, designs, manufactures, markets, and maintains ultra-clean cogeneration products for multi-family residential, commercial, recreational, and industrial use primarily in the United States. It operates through three segments: Products, Services, and Energy Production.