Electriq Power Holdings, Inc. (OTCMKTS:ELIQQ) Short Interest Up 594.7% in July

Electriq Power Holdings, Inc. (OTCMKTS:ELIQQ) was the target of a large growth in short interest during the month of July. As of July 31st, there was short interest totaling 20,905 shares, a growth of 594.7% from the July 15th total of 3,009 shares. Based on an average daily trading volume, of 1 shares, the days-to-cover ratio is presently 20,905.0 days. Approximately 0.1% of the shares of the company are sold short.

Electriq Power Stock Performance

ELIQQ remained flat at $0.01 during trading on Thursday. The stock has a market capitalization of $417,500.00, a price-to-earnings ratio of -0.01 and a beta of -44.05. Electriq Power has a 1-year low of $0.00 and a 1-year high of $1.50. The stock’s 50 day moving average is $0.01 and its 200-day moving average is $0.05.

Electriq Power Company Profile

Electriq Power, Inc is a distributed energy resource company that develops and markets integrated battery energy storage systems and software for residential and light commercial applications. The company’s solutions are designed to optimize self-consumption of renewable energy, provide backup power during outages and enable demand-charge management for commercial properties. By combining hardware and cloud-based analytics, Electriq Power seeks to deliver cost-effective energy resilience and grid-interactive functionality to end users and project developers.

Electriq Power’s flagship product family, PowerPod™, integrates lithium-ion battery packs, power electronics and a proprietary energy management controller within a compact enclosure.