Tecogen Inc. (OTCMKTS:TGEN) Sees Significant Drop in Short Interest

Tecogen Inc. (OTCMKTS:TGENGet Free Report) saw a large drop in short interest during the month of June. As of June 15th, there was short interest totalling 100 shares, a drop of 90.0% from the May 31st total of 1,000 shares. Based on an average daily trading volume, of 11,000 shares, the days-to-cover ratio is currently 0.0 days.

Tecogen Price Performance

TGEN stock opened at $0.69 on Friday. Tecogen has a fifty-two week low of $0.59 and a fifty-two week high of $1.29. The firm’s 50-day simple moving average is $0.74 and its 200 day simple moving average is $0.73.

Tecogen (OTCMKTS:TGENGet Free Report) last released its quarterly earnings data on Wednesday, May 8th. The company reported ($0.04) earnings per share for the quarter. Tecogen had a negative return on equity of 27.41% and a negative net margin of 16.24%. The firm had revenue of $6.19 million during the quarter.

About Tecogen

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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.

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