ADS-TEC Energy PLC (NASDAQ:ADSEW) Short Interest Down 95.9% in April

ADS-TEC Energy PLC (NASDAQ:ADSEW) was the recipient of a large drop in short interest during the month of April. As of April 30th, there was short interest totaling 257 shares, a drop of 95.9% from the April 15th total of 6,285 shares. Based on an average daily trading volume, of 2,040 shares, the days-to-cover ratio is presently 0.1 days.

ADS-TEC Energy Price Performance

Shares of ADSEW stock traded up $0.01 during trading hours on Monday, reaching $0.59. The company’s stock had a trading volume of 3,219 shares, compared to its average volume of 17,122. ADS-TEC Energy has a one year low of $0.40 and a one year high of $2.77. The firm’s fifty day simple moving average is $0.59 and its 200 day simple moving average is $0.77.

ADS-TEC Energy Company Profile

ADS-TEC Energy (NASDAQ: ADSEW) is a Germany-based energy technology company specializing in advanced lithium-ion battery systems for stationary energy storage and ultrafast electric vehicle (EV) charging. The company develops, manufactures and supplies modular, scalable energy storage solutions designed to stabilize power grids, support renewable integration and secure backup power for commercial, industrial and utility customers. Its signature product lines include containerized storage units for megawatt-scale applications and compact, rack-mountable modules for distributed energy resources.

In its fast-charging business, ADS-TEC Energy’s ultrafast charging stations leverage high-power battery buffers that reduce grid stress and enable short-duration, high-throughput EV charging.