Short Interest in Acorn Energy, Inc. (OTCMKTS:ACFN) Expands By 400.0%

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

Acorn Energy Price Performance

Shares of OTCMKTS ACFN opened at $18.79 on Thursday. The company has a market cap of $46.78 million, a P/E ratio of 40.84 and a beta of 0.61. The firm has a 50-day simple moving average of $13.08 and a two-hundred day simple moving average of $10.88. Acorn Energy has a 1 year low of $5.76 and a 1 year high of $19.19.

Acorn Energy Company Profile

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.