Advent Technologies Holdings, Inc. (NASDAQ:ADN) Short Interest Update

Advent Technologies Holdings, Inc. (NASDAQ:ADN) saw a large decrease in short interest during the month of January. As of January 31st, there was short interest totalling 137,100 shares, a decrease of 10.9% from the January 15th total of 153,900 shares. Currently, 5.4% of the company’s stock are sold short. Based on an average trading volume of 105,100 shares, the short-interest ratio is presently 1.3 days.

Advent Technologies Trading Up 0.6 %

NASDAQ ADN opened at $5.15 on Friday. The business has a fifty day simple moving average of $5.49 and a 200 day simple moving average of $4.09. Advent Technologies has a 12 month low of $1.71 and a 12 month high of $9.52. The firm has a market capitalization of $13.60 million, a P/E ratio of -0.19 and a beta of 0.43.

Advent Technologies (NASDAQ:ADN) last announced its earnings results on Friday, December 27th. The company reported ($3.65) EPS for the quarter. Advent Technologies had a negative net margin of 1,101.58% and a negative return on equity of 442.47%.

Hedge Funds Weigh In On Advent Technologies

A hedge fund recently raised its stake in Advent Technologies stock. Geode Capital Management LLC boosted its stake in Advent Technologies Holdings, Inc. (NASDAQ:ADN) by 15.5% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 20,239 shares of the company’s stock after acquiring an additional 2,723 shares during the period. Geode Capital Management LLC owned 0.77% of Advent Technologies worth $101,000 as of its most recent filing with the SEC. Institutional investors and hedge funds own 17.52% of the company’s stock.

About Advent Technologies

Advent Technologies Holdings, Inc, an advanced materials and technology development company, operates in the fuel cell and hydrogen technology markets in North America, Europe, and Asia. It develops, manufactures, and assembles fuel cell systems and critical components that determine the performance of hydrogen fuel cells and other energy systems.