Elong Power Holding Limited (NASDAQ:ELPW) Short Interest Down 46.2% in January

Elong Power Holding Limited (NASDAQ:ELPW) saw a large decline in short interest in January. As of January 15th, there was short interest totaling 9,318 shares, a decline of 46.2% from the December 31st total of 17,319 shares. Based on an average daily volume of 91,546 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.3% of the shares of the company are short sold. Currently, 0.3% of the shares of the company are short sold. Based on an average daily volume of 91,546 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Trading of Elong Power

An institutional investor recently bought a new position in Elong Power stock. Invesco Ltd. purchased a new position in shares of Elong Power Holding Limited (NASDAQ:ELPW) during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 34,808 shares of the company’s stock, valued at approximately $31,000. Invesco Ltd. owned approximately 0.07% of Elong Power as of its most recent SEC filing. 88.31% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the stock. Weiss Ratings reiterated a “sell (e+)” rating on shares of Elong Power in a report on Wednesday, January 21st. Wall Street Zen raised Elong Power to a “hold” rating in a report on Saturday, October 11th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company currently has a consensus rating of “Sell”.

Elong Power Trading Up 3,141.1%

NASDAQ:ELPW traded up $13.51 during trading hours on Friday, reaching $13.94. The company’s stock had a trading volume of 18,017,396 shares, compared to its average volume of 1,232,895. The business’s 50-day moving average is $2.36 and its 200-day moving average is $12.67. Elong Power has a one year low of $0.28 and a one year high of $129.20.

Key Elong Power News

Here are the key news stories impacting Elong Power this week:

• Positive Sentiment: Very strong intraday demand and volume — ELPW traded many times its average volume today, indicating outsized buying interest and momentum that pushed the stock materially higher. This kind of volume-driven move can attract momentum traders and short-covering, reinforcing the rally.
• Positive Sentiment: Technical context favors a breakout — the stock is well above its 50-day moving average and around/above the 200-day moving average, which can prompt technical buying from momentum and trend-following investors.
• Neutral Sentiment: Multiple LULD pauses throughout the session — trading was repeatedly halted under the exchange’s Limit Up/Limit Down mechanism. That signals large, rapid price moves but is a market-structure response rather than new company fundamentals; it both reflects and constrains extreme volatility.
• Neutral Sentiment: No clear company news disclosed in the provided entries — absent a press release or SEC filing, the jump appears market-driven (speculative flows, news leaks, or social/retail interest) rather than tied to a confirmed fundamental development.
• Neutral Sentiment: Short-interest data appears unreliable — the provided note shows zero short interest and nonsensical changes, suggesting data/reporting issues; do not interpret that entry as evidence of major short-covering without verified reporting.
• Negative Sentiment: Elevated volatility and repeated halts increase execution risk — investors may face order fill uncertainty, wider spreads, and rapid reversals. Such trades can produce sharp intraday spikes that are not sustainable and can lead to large short-term losses if the momentum reverses.

Elong Power Company Profile

Elong Power (NASDAQ: ELPW) is a China-based designer, manufacturer and distributor of high- and medium-voltage electrical equipment used in power transmission and distribution networks. The company’s product portfolio includes gas-insulated switchgear (GIS), metal-enclosed switchgear, load break switches, ring main units (RMUs) and power distribution cabinets, as well as related control and protection systems. Elong Power’s equipment is engineered to facilitate safe and efficient delivery of electricity across urban and rural networks.

In addition to core switchgear products, Elong Power provides turnkey solutions that encompass system design, installation, commissioning and after-sales maintenance.