Short Interest in Itm Power (OTCMKTS:ITMPF) Grows By 197.5%

Key Points

• Short interest in Itm Power increased by 197.5% in July, reaching a total of 23,500 shares compared to 7,900 shares on June 30th.
• The short-interest ratio stands at 1.2 days based on an average trading volume of 19,200 shares.
• Itm Power's stock opened at $0.79 on Monday, with a 12-month price range between a low of $0.32 and a high of $1.30.

Itm Power (OTCMKTS:ITMPF - ) saw a significant growth in short interest in July. As of July 15th, there was short interest totaling 23,500 shares, agrowthof197.5% from the June 30th total of 7,900 shares. Based on an average trading volume of 19,200 shares, the short-interest ratio is presently 1.2 days. Based on an average trading volume of 19,200 shares, the short-interest ratio is presently 1.2 days.

Itm Power Price Performance

ITMPF stock opened at $0.79 on Monday. Itm Power has a 12 month low of $0.32 and a 12 month high of $1.30. The firm has a 50 day moving average of $0.98 and a two-hundred day moving average of $0.62.

Itm Power Company Profile

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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