Tecogen Inc. (OTCMKTS:TGEN) Sees Large Decline in Short Interest

Tecogen Inc. (OTCMKTS:TGEN) was the recipient of a large drop in short interest during the month of October. As of October 31st, there was short interest totalling 1,000 shares, a drop of 70.6% from the October 15th total of 3,400 shares. Based on an average daily trading volume, of 35,900 shares, the days-to-cover ratio is presently 0.0 days.

Tecogen Price Performance

Shares of OTCMKTS TGEN traded up $0.01 during trading on Thursday, reaching $0.91. The stock had a trading volume of 28,250 shares, compared to its average volume of 16,750. The firm’s 50 day moving average price is $0.87 and its two-hundred day moving average price is $0.81. Tecogen has a one year low of $0.59 and a one year high of $1.20.

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.