Applied Energetics, Inc. (OTCMKTS:AERG) Short Interest Up 8.0% in October

Applied Energetics, Inc. (OTCMKTS:AERG) was the target of a large increase in short interest in October. As of October 31st, there was short interest totalling 759,100 shares, an increase of 8.0% from the October 15th total of 703,100 shares. Based on an average daily trading volume, of 147,400 shares, the short-interest ratio is currently 5.1 days.

Applied Energetics Price Performance

OTCMKTS AERG opened at $0.87 on Friday. The company has a fifty day moving average of $0.86 and a two-hundred day moving average of $1.28. The company has a market capitalization of $186.03 million, a PE ratio of -29.00 and a beta of 0.29. Applied Energetics has a 1 year low of $0.43 and a 1 year high of $2.41.

Applied Energetics Company Profile

Applied Energetics, Inc engages in the provision of advanced optical technologies and ultrashort pulse directed energy solutions utilizing dual-use laser and optical technologies to defense, national security, industrial, biomedical, and scientific customers worldwide. It develops and holds various intellectual property rights such as laser guided energy and laser induced plasma channel technology for used in high-tech directed energy systems.