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

Advent Technologies Holdings, Inc. (NASDAQ:ADN) was the recipient of a large decline in short interest during the month of April. As of April 15th, there was short interest totalling 2,500,000 shares, a decline of 8.4% from the March 31st total of 2,730,000 shares. Based on an average daily trading volume, of 1,190,000 shares, the short-interest ratio is presently 2.1 days. Approximately 4.0% of the company’s stock are short sold.

Advent Technologies Stock Down 15.5 %

Shares of Advent Technologies stock opened at $0.12 on Wednesday. The company has a market cap of $7.80 million, a P/E ratio of -0.07 and a beta of 0.10. Advent Technologies has a 52-week low of $0.12 and a 52-week high of $1.13. The firm’s 50 day moving average price is $0.18 and its 200-day moving average price is $0.26.

Institutional Trading of Advent Technologies

A hedge fund recently raised its stake in Advent Technologies stock. Mirae Asset Global Investments Co. Ltd. raised its holdings in shares of Advent Technologies Holdings, Inc. (NASDAQ:ADN) by 19.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 201,298 shares of the company’s stock after acquiring an additional 33,010 shares during the period. Mirae Asset Global Investments Co. Ltd. owned approximately 0.34% of Advent Technologies worth $79,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 17.52% of the company’s stock.

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.