Tecogen Inc (NASDAQ:TGEN) Can’t Be Less Risky. Short Interest Decreased

July 14, 2018 - By Jimmy Baldridge

Tecogen Inc. (NASDAQ:TGEN) Logo

Investors sentiment decreased to 0.83 in 2018 Q1. Its down 0.37, from 1.2 in 2017Q4. It dived, as 2 investors sold Tecogen Inc. shares while 4 reduced holdings. 4 funds opened positions while 1 raised stakes. 2.56 million shares or 3.82% more from 2.47 million shares in 2017Q4 were reported.
Parsons Capital Mngmt Ri accumulated 34,967 shares or 0.01% of the stock. Blackrock Inc owns 44,077 shares. Ledyard Fincl Bank has invested 0% in Tecogen Inc. (NASDAQ:TGEN). Essex Inv Mgmt Co Ltd reported 94,211 shares. Morgan Stanley invested in 101 shares or 0% of the stock. 397,728 were reported by Vanguard Incorporated. Bard Associate accumulated 570,650 shares. Barclays Public Ltd Com stated it has 1 shares or 0% of all its holdings. 210,526 are held by Herald Inv Mgmt Limited. Gamco Et Al reported 46,430 shares. Blb&B Advisors invested 0.01% in Tecogen Inc. (NASDAQ:TGEN). Millennium Ltd Liability Co invested in 12,597 shares. Clear Harbor Asset Mngmt Ltd Liability holds 0.37% or 667,682 shares. Banque Pictet And Cie has 0.03% invested in Tecogen Inc. (NASDAQ:TGEN) for 450,000 shares.

The stock of Tecogen Inc (NASDAQ:TGEN) registered a decrease of 30.51% in short interest. TGEN’s total short interest was 59,000 shares in July as published by FINRA. Its down 30.51% from 84,900 shares, reported previously. With 42,100 shares average volume, it will take short sellers 1 days to cover their TGEN’s short positions. The short interest to Tecogen Inc’s float is 0.33%.

The stock decreased 0.24% or $0.01 during the last trading session, reaching $3.42. About 3,722 shares traded. Tecogen Inc. (NASDAQ:TGEN) has risen 13.17% since July 14, 2017 and is uptrending. It has outperformed by 0.60% the S&P500.

Tecogen Inc. designs, manufactures, and sells industrial and commercial cogeneration systems that produce combinations of electricity, hot water, and air conditioning in the United States, the United Kingdom, Mexico, Ireland, and internationally. The company has market cap of $84.88 million. It offers InVerde 100, InVerde e+, CM-75, and CM-60 cogeneration units that supply electricity and hot water; TECOCHILL branded chillers that provide air-conditioning and hot water; and water heaters under the Ilios brand. It has a 1710 P/E ratio. The firm also provides long-term maintenance contracts, parts sales, and turnkey installation services through a network of nine field service centers in California, the Midwest, and the Northeast.

More news for Tecogen Inc. (NASDAQ:TGEN) were recently published by: Nasdaq.com, which released: “Japan’s Patent Office Grants Tecogen a Patent for its Ultera Emissions Technology” on June 21, 2018. Globenewswire.com‘s article titled: “Tecogen Sells Replacement Chiller to Connecticut School System” and published on June 28, 2018 is yet another important article.

Tecogen Inc. (NASDAQ:TGEN) Institutional Positions Chart

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