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

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

Summer Energy Price Performance

Shares of OTCMKTS SUME remained flat at $0.60 during mid-day trading on Friday. The company’s 50-day simple moving average is $0.47 and its two-hundred day simple moving average is $0.51. Summer Energy has a 52-week low of $0.30 and a 52-week 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.