Acorn Energy, Inc. (OTCMKTS:ACFN) Short Interest Up 400.0% in November

Acorn Energy, Inc. (OTCMKTS:ACFN) was the target of a large increase in short interest during the month of November. As of November 15th, there was short interest totalling 500 shares, an increase of 400.0% from the October 31st total of 100 shares. Based on an average daily volume of 17,900 shares, the short-interest ratio is presently 0.0 days.

Acorn Energy Stock Performance

Shares of ACFN opened at $18.79 on Friday. Acorn Energy has a 52 week low of $5.76 and a 52 week high of $19.19. The stock has a market capitalization of $46.74 million, a price-to-earnings ratio of 40.84 and a beta of 0.61. The stock has a fifty day moving average of $13.26 and a 200-day moving average of $10.93.

About Acorn Energy

Acorn Energy, Inc, together with its subsidiaries, develops and markets wireless remote monitoring and control systems for various markets in the United States and internationally. It operates in two segments, Power Generation (PG) Monitoring and Cathodic Protection (CP) Monitoring. The PG segment provides wireless remote monitoring and control systems, and services for critical assets, which include stand-by power generators, pumps, pumpjacks, light towers, turbines, compressors, fire pumps, and other industrial equipment; and Internet of Things applications.