Acorn Energy, Inc. (OTCMKTS:ACFN) Short Interest Up 400.0% in November

Acorn Energy, Inc. (OTCMKTS:ACFN) was the target of a significant increase in short interest in the month of November. As of November 15th, there was short interest totalling 500 shares, an increase 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 presently 0.0 days.

Acorn Energy Price Performance

Shares of OTCMKTS ACFN opened at $18.79 on Friday. The business has a fifty day moving average price of $13.26 and a two-hundred day moving average price of $10.93. The stock has a market capitalization of $46.74 million, a PE ratio of 40.84 and a beta of 0.61. Acorn Energy has a fifty-two week low of $5.76 and a fifty-two week high of $19.19.

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.