ITM Power Plc (OTCMKTS:ITMPF) Short Interest Update

ITM Power Plc (OTCMKTS:ITMPF - Get Free Report) was the target of a significant growth in short interest in April. As of April 15th, there was short interest totalling 411,900 shares, a growth of 22.3% from the March 31st total of 336,800 shares. Based on an average daily trading volume, of 43,200 shares, the days-to-cover ratio is currently 9.5 days. Currently, 0.1% of the company's shares are sold short.

ITM Power Price Performance

ITMPF traded up $0.00 during mid-day trading on Friday, hitting $0.43. 3,937 shares of the stock were exchanged, compared to its average volume of 10,099. The firm's fifty day moving average is $0.37 and its two-hundred day moving average is $0.43. ITM Power has a 1-year low of $0.32 and a 1-year high of $0.90. The company has a debt-to-equity ratio of 0.05, a current ratio of 3.87 and a quick ratio of 2.93.

About ITM Power

ITM Power Plc designs and manufactures proton exchange membrane (PEM) electrolysers in the United Kingdom, Germany, Australia, rest of Europe, and the United States. Its product portfolio includes TRIDENT, an PEM electrolysers stack technology; NEPTUNE, a 2MW plug and play electrolyser for small to mid-size projects; and POSEIDON, a cutting-edge 20 MW module for large-scale projects.

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