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

by · The Cerbat Gem

Acorn Energy, Inc. (OTCMKTS:ACFN – Get Free Report) saw a large growth in short interest in the month of November. As of November 15th, there was short interest totalling 500 shares, a growth of 400.0% from the October 31st total of 100 shares. Based on an average trading volume of 17,900 shares, the days-to-cover ratio is currently 0.0 days.

Acorn Energy Trading Up 0.3 %

ACFN stock traded up $0.05 during trading on Wednesday, hitting $18.50. The company had a trading volume of 4,653 shares, compared to its average volume of 8,152. The firm has a market capitalization of $46.07 million, a price-to-earnings ratio of 40.11 and a beta of 0.61. The business has a 50 day moving average of $12.90 and a 200 day moving average of $10.82. Acorn Energy has a fifty-two week low of $5.76 and a fifty-two week high of $19.19.

About Acorn Energy

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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.

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