Applied Energetics, Inc. (OTCMKTS:AERG) Short Interest Update

Applied Energetics, Inc. (OTCMKTS:AERG) was the target of a large decline in short interest in the month of November. As of November 15th, there was short interest totalling 707,500 shares, a decline of 6.8% from the October 31st total of 759,100 shares. Based on an average daily volume of 191,300 shares, the days-to-cover ratio is presently 3.7 days.

Applied Energetics Trading Up 1.2 %

Applied Energetics stock opened at $0.74 on Monday. The company’s 50-day moving average price is $0.87 and its two-hundred day moving average price is $1.18. The stock has a market cap of $157.68 million, a price-to-earnings ratio of -24.58 and a beta of 0.29. Applied Energetics has a 52 week low of $0.43 and a 52 week high of $2.29.

About Applied Energetics

Applied Energetics, Inc engages in the provision of advanced optical technologies and ultrashort pulse directed energy solutions utilizing dual-use laser and optical technologies to defense, national security, industrial, biomedical, and scientific customers worldwide. It develops and holds various intellectual property rights such as laser guided energy and laser induced plasma channel technology for used in high-tech directed energy systems.