ZOOZ Power Ltd. (NASDAQ:ZOOZW) Short Interest Up 82.3% in January

ZOOZ Power Ltd. (NASDAQ:ZOOZW) was the recipient of a large increase in short interest during the month of January. As of January 30th, there was short interest totaling 2,785 shares, an increase of 82.3% from the January 15th total of 1,528 shares. Based on an average trading volume of 435 shares, the days-to-cover ratio is presently 6.4 days. Based on an average trading volume of 435 shares, the days-to-cover ratio is presently 6.4 days.

ZOOZ Power Stock Down 5.6%

ZOOZW stock opened at $0.05 on Friday. ZOOZ Power has a one year low of $0.03 and a one year high of $0.35. The firm’s 50 day moving average price is $0.05 and its 200-day moving average price is $0.09.

ZOOZ Power Company Profile

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.