Short Interest in ZOOZ Power Ltd. (NASDAQ:ZOOZW) Increases By 133.6%
by Danessa Lincoln · The Markets DailyZOOZ Power Ltd. (NASDAQ:ZOOZW – Get Free Report) was the recipient of a large increase in short interest in January. As of January 15th, there was short interest totaling 1,528 shares, an increase of 133.6% from the December 31st total of 654 shares. Based on an average daily volume of 2,274 shares, the days-to-cover ratio is presently 0.7 days. Based on an average daily volume of 2,274 shares, the days-to-cover ratio is presently 0.7 days.
ZOOZ Power Price Performance
ZOOZ Power stock opened at $0.05 on Friday. ZOOZ Power has a 52 week low of $0.03 and a 52 week high of $0.35. The stock has a fifty day moving average of $0.05 and a 200-day moving average of $0.10.
About ZOOZ Power
ZOOZ Power (NASDAQ:ZOOZW) is a developer and manufacturer of advanced energy storage and power conversion systems. The company focuses on the design, research and production of residential and commercial battery energy storage solutions, hybrid solar inverters and microgrid controllers. ZOOZ Power’s technology integrates power electronics and battery management software to deliver scalable and modular systems suitable for grid-tied, backup and off-grid applications.
The company’s product portfolio includes integrated AC- and DC-coupled battery energy storage units, solar hybrid inverters and energy management software.