The stock of ACORN ENERGY INCORPORATED (OTCMKTS:ACFN) registered a decrease of 18.18% in short interest. ACFN’s total short interest was 29,700 shares in September as published by FINRA. Its down 18.18% from 36,300 shares, reported previously. With 95,600 shares average volume, it will take short sellers 0 days to cover their ACFN’s short positions. About 36,130 shares traded hands or 3.05% up from the average. Acorn Energy Inc (OTCMKTS:ACFN) has risen 42.86% since February 8, 2016 and is uptrending. It has outperformed by 26.37% the S&P500.
Acorn Energy, Inc. is a holding company that focuses on technology driven solutions for energy infrastructure asset management. The company has a market cap of $6.45 million. The Company’s divisions include Energy & Security Sonar Solutions , Smart Grid Distribution Automation (GridSense) and Machine-to-Machine Critical Asset Monitoring & Control (M2M). It currently has negative earnings. The DSIT segment provides sonar and acoustic related solutions for energy, defense and commercial markets with a focus on underwater site security for strategic energy installations and other sonar and acoustic systems.
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