Short Interest in Acorn Energy, Inc. (OTCMKTS:ACFN) Decreases By 83.3%

Acorn Energy, Inc. (OTCMKTS:ACFN) was the recipient of a significant decrease in short interest during the month of October. As of October 31st, there was short interest totalling 100 shares, a decrease of 83.3% from the October 15th total of 600 shares. Based on an average daily volume of 11,200 shares, the days-to-cover ratio is presently 0.0 days.

Acorn Energy Trading Up 0.6 %

Shares of ACFN traded up $0.10 on Tuesday, reaching $17.05. 7,522 shares of the company’s stock traded hands, compared to its average volume of 2,817. The stock has a market cap of $42.42 million, a PE ratio of 37.07 and a beta of 0.61. The stock’s 50 day simple moving average is $11.33 and its two-hundred day simple moving average is $10.26. Acorn Energy has a 52-week low of $5.76 and a 52-week high of $17.88.

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.