Anaergia Inc. (OTCMKTS:ANRGF – Get Free Report) was the target of a significant growth in short interest during the month of May. As of May 15th, there was short interest totaling 171,017 shares, a growth of 163.6% from the April 30th total of 64,882 shares. Currently, 0.6% of the company’s stock are short sold. Based on an average daily trading volume, of 20,233 shares, the days-to-cover ratio is presently 8.5 days.
Anaergia Trading Up 1.2%
Shares of OTCMKTS:ANRGF opened at $2.10 on Friday. The stock has a fifty day simple moving average of $2.14 and a two-hundred day simple moving average of $1.86. The stock has a market capitalization of $59.31 million, a price-to-earnings ratio of -7.50 and a beta of 2.43. Anaergia has a 12-month low of $0.90 and a 12-month high of $4.28.
About Anaergia
Anaergia Inc (OTCMKTS: ANRGF) is a Canadian-based provider of advanced waste-to-value and resource recovery solutions. Headquartered in Oakville, Ontario, the company specializes in the design, engineering, procurement and construction of integrated systems that convert organic waste and wastewater feedstocks into renewable energy, bio-fertilizers, recycled water and other high-value byproducts. Leveraging proprietary technologies in anaerobic digestion, thermal hydrolysis, membrane filtration and nutrient recovery, Anaergia’s offerings enable municipal and industrial clients to reduce their environmental footprint while generating sustainable revenue streams.
Since its founding in 2008 under the name Davis Clean Tech and subsequent rebranding as Anaergia, the company has expanded its global footprint with projects across North America, Europe, Asia and Australia.
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