Short Interest in Acorn Energy, Inc. (OTCMKTS:ACFN) Expands By 400.0%

Acorn Energy, Inc. (OTCMKTS:ACFN) was the target of a significant growth in short interest in 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 Price Performance

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

Acorn Energy Company Profile

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.