ZOOZ Power Ltd. (NASDAQ:ZOOZW – Get Free Report) saw a large drop in short interest in the month of March. As of March 31st, there was short interest totaling 1,266 shares, a drop of 49.4% from the March 15th total of 2,503 shares. Based on an average trading volume of 1,960 shares, the days-to-cover ratio is currently 0.6 days.
ZOOZ Power Stock Up 87.2%
ZOOZ Power stock traded up $0.03 during mid-day trading on Tuesday, reaching $0.06. 1 shares of the company were exchanged, compared to its average volume of 13,257. ZOOZ Power has a twelve month low of $0.02 and a twelve month high of $0.35. The firm’s 50-day simple moving average is $0.04 and its two-hundred day simple moving average is $0.07.
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.
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