UQM Technologies Inc (NYSE:UQM) Short Interest Up 0.2% in July
UQM Technologies Inc (NYSE:UQM) was the target of a large increase in short interest during the month of July. As of July 14th, there was short interest totalling 656,081 shares, an increase of 0.2% from the June 30th total of 654,473 shares. Currently, 1.5% of the company’s stock are short sold. Based on an average daily trading volume, of 67,696 shares, the days-to-cover ratio is presently 9.7 days.
UQM has been the topic of a number of recent research reports. Zacks Investment Research raised UQM Technologies from a “hold” rating to a “buy” rating and set a $0.50 target price on the stock in a research report on Thursday, April 6th. HC Wainwright set a $2.00 target price on UQM Technologies and gave the stock a “buy” rating in a research note on Sunday, April 2nd.
Shares of UQM Technologies (UQM) opened at 0.83 on Wednesday. UQM Technologies has a 1-year low of $0.42 and a 1-year high of $0.99. The company’s market capitalization is $40.32 million. The company has a 50-day moving average price of $0.86 and a 200 day moving average price of $0.61.
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UQM Technologies Company Profile
UQM Technologies, Inc, (UQM) develops, manufactures and sells electric motors, generators, power electronic controllers and fuel cell compressors for the commercial truck, bus, automotive, marine, military and industrial markets. The Company’s focus is incorporating its technology as propulsion systems for electric, hybrid electric, plug-in hybrid electric and fuel cell electric vehicles, delivering the heart of the electric vehicle.
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