Acorn Energy, Inc. (OTCMKTS:ACFN) Short Interest Update

Acorn Energy, Inc. (OTCMKTS:ACFN) was the target of a large decline in short interest in the month of October. As of October 31st, there was short interest totalling 100 shares, a decline of 83.3% from the October 15th total of 600 shares. Based on an average trading volume of 11,200 shares, the short-interest ratio is presently 0.0 days.

Acorn Energy Stock Down 1.2 %

OTCMKTS ACFN opened at $16.85 on Wednesday. Acorn Energy has a 52 week low of $5.76 and a 52 week high of $17.88. The business’s fifty day simple moving average is $11.33 and its 200-day simple moving average is $10.26. The firm has a market cap of $41.92 million, a PE ratio of 37.07 and a beta of 0.61.

About Acorn Energy

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.