Itm Power (OTCMKTS:ITMPF) Short Interest Up 79.8% in May

Itm Power (OTCMKTS:ITMPF) was the target of a significant increase in short interest during the month of May. As of May 15th, there was short interest totaling 33,736 shares, an increase of 79.8% from the April 30th total of 18,761 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 72,628 shares, the short-interest ratio is currently 0.5 days.

Analyst Ratings Changes

Separately, Morgan Stanley upgraded shares of Itm Power from an “equal weight” rating to an “overweight” rating in a report on Wednesday, April 29th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Itm Power currently has an average rating of “Buy”.

Itm Power Price Performance

ITMPF traded down $0.19 during trading on Wednesday, reaching $2.29. 69,600 shares of the stock were exchanged, compared to its average volume of 34,751. Itm Power has a twelve month low of $0.76 and a twelve month high of $2.85. The stock’s 50 day moving average price is $1.67 and its two-hundred day moving average price is $1.16.

Itm Power Company Profile

Itm Power plc is a United Kingdom–based manufacturer of integrated hydrogen energy solutions, specializing in proton exchange membrane (PEM) electrolyzer systems. The company’s core offering includes modular electrolyzer stacks and balance-of-plant solutions designed to convert renewable electricity into green hydrogen. These systems can be scaled from small-scale demonstrations to multi-megawatt deployments, targeting applications in industry, gas blending and refueling infrastructure.

Beyond electrolyzer modules, Itm Power develops turnkey turnkey “power-to-gas” and “power-to-liquids” projects that enable carbon-free fuel production.