Summer Energy Holdings, Inc. (OTCMKTS:SUME) Short Interest Down 48.9% in November

Summer Energy Holdings, Inc. (OTCMKTS:SUME) was the recipient of a large decrease in short interest in November. As of November 15th, there was short interest totalling 2,300 shares, a decrease of 48.9% from the October 31st total of 4,500 shares. Based on an average daily volume of 1,500 shares, the short-interest ratio is presently 1.5 days.

Summer Energy Stock Performance

Shares of OTCMKTS:SUME remained flat at $0.60 on Friday. The company’s fifty day simple moving average is $0.47 and its two-hundred day simple moving average is $0.51. Summer Energy has a one year low of $0.30 and a one year high of $0.99.

About Summer Energy

Summer Energy Holdings, Inc, through its subsidiaries, operates as a retail electric provider in Texas, Massachusetts, New Hampshire, Ohio, and Illinois. It procures wholesale energy and resells to commercial and residential customers. The company was founded in 2011 and is headquartered in Houston, Texas.