Advent Technologies Holdings, Inc. (NASDAQ:ADN) Sees Significant Growth in Short Interest

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

Advent Technologies Trading Up 4.3 %

Advent Technologies stock opened at $5.31 on Friday. The company has a market cap of $14.00 million, a P/E ratio of -0.20 and a beta of 0.11. Advent Technologies has a 1-year low of $1.71 and a 1-year high of $15.00. The company has a fifty day simple moving average of $3.31 and a 200 day simple moving average of $12.24.

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

Advent Technologies Company Profile

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.