Polar Power, Inc. ( NASDAQ:POLA – Get Free Report ) was the target of a significant decline in short interest in the month of October. As of October 15th, there was short interest totaling 109,010 shares, a decline of 55.0% from the September 30th total of 242,276 shares. Based on an average trading volume of 121,072 shares, the days-to-cover ratio is presently 0.9 days. Approximately 3.1% of the company’s shares are sold short.
Polar Power Trading Down 4.3%
Shares of Polar Power stock traded down $0.02 during trading on Friday, reaching $0.54. The company’s stock had a trading volume of 123,471 shares, compared to its average volume of 1,243,879. The stock has a market capitalization of $2.31 million, a P/E ratio of -0.15 and a beta of 1.18. The stock has a 50-day moving average price of $1.17 and a two-hundred day moving average price of $1.59. Polar Power has a one year low of $0.50 and a one year high of $4.34.
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Polar Power ( NASDAQ:POLA – Get Free Report ) last announced its quarterly earnings data on Tuesday, August 18th. The utilities provider reported ($0.49) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.63) by...