Summer Energy Holdings, Inc. (OTCMKTS:SUME) Short Interest Update
by Renee Jackson · The Cerbat GemSummer Energy Holdings, Inc. (OTCMKTS:SUME – Get Free Report) was the target of a significant drop in short interest during the month of November. As of November 15th, there was short interest totalling 2,300 shares, a drop of 48.9% from the October 31st total of 4,500 shares. Based on an average daily volume of 1,500 shares, the days-to-cover ratio is presently 1.5 days.
Summer Energy Price Performance
Shares of OTCMKTS:SUME remained flat at $0.60 on Thursday. The stock has a fifty day moving average price of $0.47 and a two-hundred day moving average price of $0.51. Summer Energy has a 1-year low of $0.30 and a 1-year high of $0.99.
About Summer Energy
Summer Energy Holdings, Inc, through its subsidiaries, operates as a retail electric provider in Texas, Massachusetts, New Hampshire, Ohio, and Illinois. It procures wholesale energy and resells to commercial and residential customers. The company was founded in 2011 and is headquartered in Houston, Texas.
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