Short Interest in Applied Energetics, Inc. (OTCMKTS:AERG) Rises By 8.0%

Applied Energetics, Inc. (OTCMKTS:AERG) was the recipient of a significant increase in short interest in the month of October. As of October 31st, there was short interest totalling 759,100 shares, an increase of 8.0% from the October 15th total of 703,100 shares. Based on an average daily volume of 147,400 shares, the days-to-cover ratio is presently 5.1 days.

Applied Energetics Stock Performance

OTCMKTS:AERG opened at $0.89 on Tuesday. The company has a 50-day moving average of $0.86 and a 200-day moving average of $1.26. Applied Energetics has a 52 week low of $0.43 and a 52 week high of $2.32. The company has a market capitalization of $191.22 million, a price-to-earnings ratio of -29.81 and a beta of 0.29.

Applied Energetics Company Profile

Applied Energetics, Inc engages in the provision of advanced optical technologies and ultrashort pulse directed energy solutions utilizing dual-use laser and optical technologies to defense, national security, industrial, biomedical, and scientific customers worldwide. It develops and holds various intellectual property rights such as laser guided energy and laser induced plasma channel technology for used in high-tech directed energy systems.