Short Interest in Tecogen Inc. (OTCMKTS:TGEN) Drops By 76.7%

Tecogen Inc. (OTCMKTS:TGEN) was the target of a significant drop in short interest in February. As of February 28th, there was short interest totalling 6,800 shares, a drop of 76.7% from the February 13th total of 29,200 shares. Based on an average daily trading volume, of 204,200 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are sold short.

Tecogen Stock Performance

Shares of Tecogen stock opened at $2.14 on Thursday. The company has a debt-to-equity ratio of 0.03, a quick ratio of 0.70 and a current ratio of 1.53. Tecogen has a 1 year low of $0.59 and a 1 year high of $3.40. The firm’s 50-day simple moving average is $2.42 and its 200-day simple moving average is $1.54. The firm has a market cap of $53.39 million, a PE ratio of -10.19 and a beta of 1.05.

About Tecogen

Tecogen Inc, together with its subsidiaries, designs, manufactures, markets, and maintains ultra-clean cogeneration products for multi-family residential, commercial, recreational, and industrial use primarily in the United States. It operates through three segments: Products, Services, and Energy Production.