Tecogen Inc. (OTCMKTS:TGEN) Sees Large Increase in Short Interest

Tecogen Inc. (OTCMKTS:TGEN) was the recipient of a large increase in short interest during the month of December. As of December 15th, there was short interest totalling 11,700 shares, an increase of 88.7% from the November 30th total of 6,200 shares. Based on an average daily volume of 294,200 shares, the days-to-cover ratio is currently 0.0 days.

Tecogen Stock Performance

Shares of OTCMKTS TGEN traded down $0.04 during midday trading on Friday, reaching $1.45. 8,645 shares of the company were exchanged, compared to its average volume of 24,754. The stock has a market cap of $36.18 million, a P/E ratio of -6.90 and a beta of 1.06. Tecogen has a 1 year low of $0.59 and a 1 year high of $1.98. The stock has a fifty day simple moving average of $1.17 and a 200 day simple moving average of $0.94. The company has a current ratio of 1.53, a quick ratio of 0.70 and a debt-to-equity ratio of 0.03.

About Tecogen

Tecogen Inc, together with its subsidiaries, designs, manufactures, markets, and maintains ultra-clean cogeneration products for multi-family residential, commercial, recreational, and industrial use primarily in the United States. It operates through three segments: Products, Services, and Energy Production.