Legend Power Systems Inc. (OTCMKTS:LPSIF) Short Interest Down 45.1% in May

Legend Power Systems Inc. (OTCMKTS:LPSIF) saw a large decrease in short interest in May. As of May 15th, there was short interest totaling 13,066 shares, a decrease of 45.1% from the April 30th total of 23,801 shares. Based on an average daily trading volume, of 12,190 shares, the short-interest ratio is presently 1.1 days.

Legend Power Systems Price Performance

OTCMKTS:LPSIF remained flat at $0.09 during mid-day trading on Wednesday. The company had a trading volume of 10,000 shares, compared to its average volume of 12,729. The stock has a fifty day moving average of $0.07 and a two-hundred day moving average of $0.07. Legend Power Systems has a 12 month low of $0.05 and a 12 month high of $0.17.

Legend Power Systems Company Profile

Legend Power Systems Inc develops and provides power quality and energy management solutions designed to optimize electricity distribution for utilities and industrial and commercial end users. The company’s core offering, the Adaptive Grid® system, combines advanced capacitive switching hardware with real-time monitoring and analytics to regulate voltage, manage reactive power, and improve overall grid efficiency. By deploying its patented voltage optimization technology on distribution feeders and in facility electrical systems, Legend Power Systems aims to enhance reliability, reduce energy consumption and lower operating costs.

Legend’s product line includes pole-mounted and pad-mounted switching devices, intelligent controllers, remote terminal units and power quality sensors.