Electriq Power Holdings, Inc. (OTCMKTS:ELIQQ) Short Interest Up 594.7% in August

Electriq Power Holdings, Inc. (OTCMKTS:ELIQQ) was the target of a large increase in short interest during the month of August. As of August 31st, there was short interest totaling 20,905 shares, an increase of 594.7% from the August 15th total of 3,009 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily volume of 2,093 shares, the short-interest ratio is presently 10.0 days.

Electriq Power Stock Performance

The business’s fifty day moving average is $0.01 and its two-hundred day moving average is $0.05. Electriq Power has a one year low of $0.00 and a one year high of $1.50.

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.