Advent Technologies Holdings, Inc. (NASDAQ:ADN) Short Interest Update

Advent Technologies Holdings, Inc. (NASDAQ:ADN) was the recipient of a large increase in short interest in the month of November. As of November 15th, there was short interest totalling 145,900 shares, an increase of 177.9% from the October 31st total of 52,500 shares. Based on an average daily trading volume, of 1,170,000 shares, the days-to-cover ratio is presently 0.1 days. Currently, 6.7% of the shares of the stock are short sold.

Advent Technologies Trading Up 4.3 %

NASDAQ ADN opened at $5.31 on Thursday. Advent Technologies has a 1 year low of $1.71 and a 1 year high of $15.00. The firm has a market capitalization of $14.02 million, a price-to-earnings ratio of -0.20 and a beta of 0.11. The firm’s 50 day simple moving average is $3.26 and its 200 day simple moving average is $12.29.

Advent Technologies (NASDAQ:ADN) last issued its quarterly earnings results on Tuesday, October 15th. The company reported ($4.28) earnings per share (EPS) for the quarter. Advent Technologies had a negative net margin of 828.45% and a negative return on equity of 442.47%. The business had revenue of $0.81 million during the quarter.

About Advent Technologies

Advent Technologies Holdings, Inc, an advanced materials and technology development company, operates in the fuel cell and hydrogen technology markets in North America, Europe, and Asia. It develops, manufactures, and assembles fuel cell systems and critical components that determine the performance of hydrogen fuel cells and other energy systems.