Digital Power Co. (DPW) Sees Large Increase in Short Interest
Digital Power Co. (NYSEAMERICAN:DPW) was the target of a large growth in short interest during the month of November. As of November 30th, there was short interest totalling 882,056 shares, a growth of 25.1% from the November 15th total of 705,210 shares. Currently, 10.4% of the shares of the company are short sold. Based on an average daily volume of 9,584,594 shares, the short-interest ratio is currently 0.1 days.
Shares of Digital Power (DPW) opened at $5.15 on Friday. Digital Power has a one year low of $0.40 and a one year high of $5.95.
In other news, Director Milton C. Ault III bought 75,100 shares of Digital Power stock in a transaction dated Wednesday, October 4th. The stock was acquired at an average cost of $0.60 per share, with a total value of $45,060.00. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.
Separately, ValuEngine raised Digital Power from a “strong sell” rating to a “sell” rating in a research note on Friday, September 1st.
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About Digital Power
Digital Power Corporation (DPC) is engaged in the design, manufacture and sale of power system solutions for applications in the medical, military, telecom and industrial markets. The Company operates through two segments: North America (sales through DPC) and Europe (sales through Digital Power Limited (DPL)).
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