Ondas Holdings Inc. (NASDAQ:ONDS) Short Interest Up 30.8% in February

Ondas Holdings Inc. (NASDAQ:ONDS) saw a significant growth in short interest in the month of February. As of February 13th, there was short interest totaling 149,401,611 shares, a growth of 30.8% from the January 29th total of 114,216,051 shares. Based on an average daily volume of 82,575,292 shares, the days-to-cover ratio is currently 1.8 days. Approximately 35.9% of the shares of the company are sold short. Approximately 35.9% of the shares of the company are sold short. Based on an average daily volume of 82,575,292 shares, the days-to-cover ratio is currently 1.8 days.

Insider Buying and Selling

In related news, Director Jaspreet K. Sood sold 29,698 shares of the business’s stock in a transaction that occurred on Monday, December 22nd. The stock was sold at an average price of $9.48, for a total value of $281,537.04. Following the completion of the sale, the director directly owned 175,631 shares in the company, valued at approximately $1,664,981.88. The trade was a 14.46% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CFO Neil J. Laird sold 4,526 shares of Ondas stock in a transaction on Monday, December 22nd. The shares were sold at an average price of $9.48, for a total value of $42,906.48. Following the completion of the transaction, the chief financial officer directly owned 8,224 shares of the company’s stock, valued at $77,963.52. This represents a 35.50% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 556,605 shares of company stock valued at $5,385,865 in the last quarter. Corporate insiders own 1.60% of the company’s stock.

Institutional Trading of Ondas

Hedge funds and other institutional investors have recently made changes to their positions in the company. Vanguard Group Inc. increased its stake in shares of Ondas by 39.9% in the fourth quarter. Vanguard Group Inc. now owns 18,767,157 shares of the company’s stock valued at $183,167,000 after buying an additional 5,351,725 shares during the period. Hood River Capital Management LLC bought a new stake in Ondas during the 2nd quarter worth approximately $14,479,000. Van ECK Associates Corp acquired a new position in Ondas in the 4th quarter valued at approximately $71,202,000. AWM Investment Company Inc. bought a new position in shares of Ondas during the second quarter valued at $11,123,000. Finally, State Street Corp grew its stake in shares of Ondas by 130.2% in the fourth quarter. State Street Corp now owns 5,162,151 shares of the company’s stock worth $50,383,000 after purchasing an additional 2,920,071 shares during the last quarter. 37.73% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts have commented on ONDS shares. Oppenheimer raised their target price on shares of Ondas from $12.00 to $16.00 and gave the company an “outperform” rating in a report on Tuesday, January 20th. Needham & Company LLC boosted their price objective on shares of Ondas from $12.00 to $17.00 and gave the company a “buy” rating in a research report on Tuesday, January 20th. Weiss Ratings restated a “sell (e+)” rating on shares of Ondas in a research note on Monday, December 29th. Zacks Research lowered Ondas from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, November 18th. Finally, LADENBURG THALM/SH SH raised Ondas to a “strong-buy” rating in a report on Thursday, December 18th. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Ondas presently has a consensus rating of “Moderate Buy” and an average price target of $17.29.

Ondas Stock Performance

Shares of ONDS traded up $0.49 during trading hours on Wednesday, reaching $10.51. The stock had a trading volume of 104,524,300 shares, compared to its average volume of 99,876,141. Ondas has a 12 month low of $0.57 and a 12 month high of $15.28. The stock has a market capitalization of $4.44 billion, a PE ratio of -26.28 and a beta of 2.47. The company’s 50-day moving average is $10.94 and its two-hundred day moving average is $8.54.

About Ondas

Ondas Holdings, Inc (NASDAQ: ONDS) develops secure private wireless networking solutions and unmanned aircraft systems tailored to mission-critical industrial applications. Its Ondas Networks division offers the proprietary FullMAX platform, a long-range, high-bandwidth broadband network designed to support real-time data transmission, remote monitoring and IoT deployments across rail, maritime and infrastructure environments. The broadband platform integrates edge-to-cloud architecture to ensure operational resilience and regulatory compliance for transportation and utility operators.

The company’s Ondas Autonomous Systems segment builds heavy-lift cargo drones and uncrewed aircraft platforms for logistics, pipeline and infrastructure inspection, emergency response and other government and commercial use cases.