Short Interest Summary: ABCO ENERGY NEW (OTCMKTS:ABCE) Shorted Shares Increased By 60246.15%

November 23, 2016 - By Peter Erickson   ·   0 Comments

Short Interest Summary: ABCO ENERGY NEW (OTCMKTS:ABCE) Shorted Shares Increased By 60246.15%

The stock of ABCO ENERGY NEW (OTCMKTS:ABCE) registered an increase of 60246.15% in short interest. ABCE’s total short interest was 3.92M shares in November as published by FINRA. Its up 60246.15% from 6,500 shares, reported previously. With 59.09 million shares average volume, it will take short sellers 0 days to cover their ABCE’s short positions. The stock decreased 3.27% or $0.00016 during the last trading session, hitting $0.00474. About 15.45M shares traded hands. ABCO Energy Inc (OTCMKTS:ABCE) has declined 96.87% since April 21, 2016 and is downtrending. It has underperformed by 102.20% the S&P500.

ABCO Energy, Inc. is in the photo voltaic (PV) solar systems industry and is an electrical product and services supplier. The company has a market cap of $541,205. The Firm sells and installs solar PV electric systems that allow the customer to produce their own power on their residence or business property. It currently has negative earnings. The Company’s products, installed by its crews, are purchased from both the United States and offshore manufacturers.

ABCE Company Profile

ABCO Energy, Inc. (ABCO), incorporated on July 29, 2004, is in the photo voltaic (PV) solar systems industry and is an electrical product and services supplier. The Firm sells and installs solar photovoltaic electric systems that allow the customer to produce their own power on their residence or business property. The Company’s products, installed by its crews, are purchased from both the United States and offshore manufacturers. ABCO utilizes suppliers of the United States manufactured solar products from various companies, such as Sunpower, Mage, Siliken Solar, Westinghouse Solar, Schuco and various Chinese suppliers. In addition, it purchases from a range of local and regional distributors. ABCO offers solar leasing and long term financing programs from UPsolar, Sunpower, Suncap and Alternative Energy Finance Corporation (AEFC) that are offered to ABCO clients and other marketing and installation organizations.

More notable recent ABCO Energy Inc (OTCMKTS:ABCE) news were published by: Prnewswire.com which released: “ABCO Energy, Inc. (ABCE) Announces Backlog Of Solar Projects” on August 27, 2015, also Prnewswire.com with their article: “McKnight-Goelz Integrates Strategic Marketing Organization Into Recent …” published on April 14, 2016, 247Wallst.com published: “Top Analyst Upgrades and Downgrades: First Solar, Ford, Frontier …” on February 24, 2016. More interesting news about ABCO Energy Inc (OTCMKTS:ABCE) were released by: Seekingalpha.com and their article: “Nymox: This Offshore ‘Biotech’ Promotion Will Go To Zero (Yes, Zero)” published on August 10, 2016 as well as Seekingalpha.com‘s news article titled: “The Advisory Board (ABCO) Robert W. Musslewhite on Q4 2015 Results – Earnings …” with publication date: February 24, 2016.

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By Peter Erickson


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