Summer Energy Holdings, Inc. (OTCMKTS:SUME) Short Interest Update

Summer Energy Holdings, Inc. (OTCMKTS:SUME) was the target of a large decline in short interest during the month of August. As of August 31st, there was short interest totalling 600 shares, a decline of 25.0% from the August 15th total of 800 shares. Based on an average daily volume of 2,300 shares, the short-interest ratio is currently 0.3 days.

Summer Energy Stock Up 4.5 %

Shares of OTCMKTS:SUME traded up $0.02 during mid-day trading on Friday, hitting $0.42. 11,000 shares of the company traded hands, compared to its average volume of 952. The stock has a 50-day moving average price of $0.55 and a two-hundred day moving average price of $0.48. Summer Energy has a 12-month low of $0.16 and a 12-month 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.