Bollinger Innovations Inc. (NASDAQ:BINI) Short Interest Update

Bollinger Innovations Inc. (NASDAQ:BINI) saw a large drop in short interest in the month of October. As of October 15th, there was short interest totaling 314,500 shares, a drop of 49.2% from the September 30th total of 618,700 shares. Based on an average trading volume of 9,893,800 shares, the short-interest ratio is currently 0.0 days. Approximately 64.4% of the company’s stock are sold short. Approximately 64.4% of the company’s stock are sold short. Based on an average trading volume of 9,893,800 shares, the short-interest ratio is currently 0.0 days.

Analyst Ratings Changes

Separately, Wall Street Zen raised shares of Bollinger Innovations to a “sell” rating in a report on Friday, September 26th.

Bollinger Innovations Stock Up 1.3%

Shares of Bollinger Innovations stock opened at $0.14 on Friday. Bollinger Innovations has a 52-week low of $0.01 and a 52-week high of $0.15. The company has a 50-day simple moving average of $20.28 and a two-hundred day simple moving average of $753,415.70.

Bollinger Innovations (NASDAQ:BINI) last issued its earnings results on Thursday, August 14th. The company reported ($2,807,825.00) earnings per share (EPS) for the quarter. The business had revenue of $0.47 million for the quarter.

Bollinger Innovations Company Profile

Mullen Automotive, Inc, an electric vehicle company, manufactures, sells, and distributes electric vehicles. Its products include passenger electric vehicles and commercial vehicles; and provides solid-state polymer battery technology. The company is headquartered in Brea, California.