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Advent Technologies Holdings, Inc. (NASDAQ:ADNWW) Sees Large Decrease in Short Interest

Defense World ·  Jan 2, 2023 16:51

Advent Technologies Holdings, Inc. (NASDAQ:ADNWW – Get Rating) saw a large decline in short interest in December. As of December 15th, there was short interest totalling 15,300 shares, a decline of 13.1% from the November 30th total of 17,600 shares. Based on an average daily trading volume, of 52,300 shares, the short-interest ratio is currently 0.3 days.

Hedge Funds Weigh In On Advent Technologies

A hedge fund recently raised its stake in Advent Technologies stock. B. Riley Wealth Advisors Inc. increased its position in shares of Advent Technologies Holdings, Inc. (NASDAQ:ADNWW – Get Rating) by 399.9% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 127,600 shares of the company's stock after acquiring an additional 102,074 shares during the period. B. Riley Wealth Advisors Inc.'s holdings in Advent Technologies were worth $74,000 at the end of the most recent reporting period.

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Advent Technologies Price Performance

Advent Technologies stock opened at $0.16 on Monday. Advent Technologies has a 52 week low of $0.09 and a 52 week high of $1.31.

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