Short Interest in Eos Energy Enterprises, Inc. (NASDAQ:EOSEW) Drops By 25.0%

Eos Energy Enterprises, Inc. (NASDAQ:EOSEW) was the recipient of a large decrease in short interest during the month of October. As of October 31st, there was short interest totalling 2,400 shares, a decrease of 25.0% from the October 15th total of 3,200 shares. Based on an average trading volume of 37,900 shares, the days-to-cover ratio is currently 0.1 days.

Eos Energy Enterprises Stock Performance

Shares of EOSEW stock traded down $0.04 during trading on Thursday, reaching $0.15. The company’s stock had a trading volume of 9,993 shares, compared to its average volume of 30,045. Eos Energy Enterprises has a one year low of $0.07 and a one year high of $0.38. The business has a fifty day moving average price of $0.21 and a 200-day moving average price of $0.18.

Eos Energy Enterprises Company Profile

Eos Energy Enterprises, Inc designs, manufactures, and markets zinc-based energy storage solutions for utility-scale, microgrid, and commercial and industrial (C&I) applications in the United States. The company offers Znyth technology battery energy storage system (BESS), which provides the operating flexibility to manage increased grid complexity and price volatility.