Telkonet Inc. (OTCMKTS:TKOI – Get Free Report) saw a large drop in short interest in the month of May. As of May 15th, there was short interest totaling 25,299 shares, a drop of 48.4% from the April 30th total of 49,044 shares. Based on an average trading volume of 207,796 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the shares of the company are short sold.
Telkonet Stock Up 41.0%
Telkonet stock traded up $0.01 during mid-day trading on Tuesday, reaching $0.03. 4,609,797 shares of the company were exchanged, compared to its average volume of 858,544. Telkonet has a twelve month low of $0.00 and a twelve month high of $0.03. The firm’s 50-day simple moving average is $0.01 and its two-hundred day simple moving average is $0.01.
Telkonet Company Profile
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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