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

Advent Technologies Holdings, Inc. (NASDAQ:ADN) was the target of a large decrease in short interest in September. As of September 30th, there was short interest totaling 115,800 shares, a decrease of 46.4% from the September 15th total of 216,100 shares. Approximately 4.5% of the shares of the stock are sold short. Based on an average daily volume of 986,400 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily volume of 986,400 shares, the days-to-cover ratio is presently 0.1 days. Approximately 4.5% of the shares of the stock are sold short.

Advent Technologies Price Performance

Advent Technologies stock opened at $2.94 on Thursday. Advent Technologies has a 12 month low of $1.72 and a 12 month high of $8.79. The stock has a market capitalization of $10.76 million, a PE ratio of -0.11 and a beta of 0.81. The business has a 50 day simple moving average of $3.63 and a 200-day simple moving average of $2.82.

Advent Technologies (NASDAQ:ADN) last posted its earnings results on Tuesday, August 12th. The company reported ($1.42) earnings per share (EPS) for the quarter.

Wall Street Analyst Weigh In

ADN has been the subject of a number of research reports. Weiss Ratings reiterated a “sell (e+)” rating on shares of Advent Technologies in a research report on Wednesday, October 8th. Wall Street Zen upgraded shares of Advent Technologies to a “hold” rating in a research note on Saturday, September 13th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company has an average rating of “Sell”.

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.