Acorn Energy, Inc. (OTCMKTS:ACFN) Short Interest Down 40.0% in November

Acorn Energy, Inc. (OTCMKTS:ACFNGet Free Report) was the target of a significant drop in short interest during the month of November. As of November 30th, there was short interest totalling 300 shares, a drop of 40.0% from the November 15th total of 500 shares. Based on an average daily volume of 13,000 shares, the days-to-cover ratio is currently 0.0 days.

Acorn Energy Trading Down 1.5 %

Shares of OTCMKTS:ACFN opened at $18.00 on Friday. Acorn Energy has a 12-month low of $5.76 and a 12-month high of $19.35. The stock’s 50-day moving average price is $14.85 and its two-hundred day moving average price is $11.51. The firm has a market cap of $44.78 million, a price-to-earnings ratio of 39.73 and a beta of 0.69.

Acorn Energy Company Profile

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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.

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