ZOOZ Power Ltd. (NASDAQ:ZOOZW) Sees Significant Increase in Short Interest
by Kim Johansen · The Markets DailyZOOZ Power Ltd. (NASDAQ:ZOOZW – Get Free Report) saw a large increase in short interest in July. As of July 31st, there was short interest totaling 90,840 shares, an increase of 2,814.3% from the July 15th total of 3,117 shares. Based on an average daily volume of 25,728 shares, the short-interest ratio is currently 3.5 days.
ZOOZ Power Price Performance
Shares of ZOOZW stock traded down $0.00 during trading hours on Tuesday, hitting $0.02. The company’s 50 day moving average price is $0.02 and its two-hundred day moving average price is $0.03. ZOOZ Power has a 52-week low of $0.02 and a 52-week high of $0.35.
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.