Telkonet Inc. (OTCMKTS:TKOI) Short Interest Up 981.3% in June

Telkonet Inc. (OTCMKTS:TKOIGet Free Report) saw a large growth in short interest in the month of June. As of June 30th, there was short interest totaling 76,620 shares, a growth of 981.3% from the June 15th total of 7,086 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average daily volume of 1,964,737 shares, the days-to-cover ratio is currently 0.0 days.

Telkonet Price Performance

Telkonet stock traded down $0.00 during trading on Friday, hitting $0.03. The stock had a trading volume of 802,273 shares, compared to its average volume of 859,239. The stock’s 50 day moving average is $0.02 and its two-hundred day moving average is $0.01. Telkonet has a 1 year low of $0.00 and a 1 year high of $0.04.

About Telkonet

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Telkonet, Inc is a technology company specializing in smart energy and water management solutions for commercial and institutional facilities. The company’s core business revolves around creating Internet of Things (IoT) devices, software platforms and control systems that enable automated, occupancy-based conservation of electricity, heating, cooling and water in settings such as hospitality, education, senior living, healthcare and government properties.

Central to Telkonet’s offering is its EcoSmart Energy suite, which includes programmable thermostats, occupancy sensors and networked gateways that communicate with cloud-based management software.

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