Electriq Power Holdings, Inc. (OTCMKTS:ELIQQ) Sees Significant Drop in Short Interest

Electriq Power Holdings, Inc. (OTCMKTS:ELIQQ) was the target of a large decline in short interest in the month of August. As of August 14th, there was short interest totaling 3,009 shares, a decline of 85.6% from the July 30th total of 20,905 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average trading volume of 0 shares, the short-interest ratio is currently ∞ days.

Electriq Power Stock Performance

OTCMKTS:ELIQQ opened at $0.01 on Wednesday. Electriq Power has a fifty-two week low of $0.00 and a fifty-two week high of $1.50. The company has a 50 day moving average price of $0.01 and a 200 day moving average price of $0.05. The stock has a market capitalization of $417,500.00, a P/E ratio of -0.01 and a beta of -44.05.

About Electriq Power

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.