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Advent Technologies Holdings, Inc. (NASDAQ:ADNWW) Sees Significant Drop in Short Interest

kopsource ·  Mar 14, 2023 21:58

Advent Technologies Holdings, Inc. (NASDAQ:ADNWW – Get Rating) saw a significant decrease in short interest in February. As of February 28th, there was short interest totalling 16,900 shares, a decrease of 17.6% from the February 13th total of 20,500 shares. Based on an average trading volume of 92,000 shares, the days-to-cover ratio is currently 0.2 days.

Advent Technologies Price Performance

ADNWW opened at $0.16 on Tuesday. The business has a fifty day moving average price of $0.17. Advent Technologies has a 12-month low of $0.09 and a 12-month high of $0.80.

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Institutional Investors Weigh In On Advent Technologies

An institutional investor recently raised its position in Advent Technologies stock. B. Riley Wealth Advisors Inc. lifted its holdings in shares of Advent Technologies Holdings, Inc. (NASDAQ:ADNWW – Get Rating) by 399.9% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 127,600 shares of the company's stock after buying 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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