EnSync Inc (ESNC) Short Interest Update
EnSync Inc (NYSEAMERICAN:ESNC) saw a large increase in short interest in September. As of September 14th, there was short interest totalling 2,862,471 shares, an increase of 19.1% from the August 31st total of 2,402,751 shares. Based on an average daily trading volume, of 789,142 shares, the days-to-cover ratio is presently 3.6 days. Currently, 8.5% of the company’s stock are short sold.
In other EnSync news, Director Theodore Stern purchased 192,308 shares of the business’s stock in a transaction dated Wednesday, September 5th. The shares were acquired at an average price of $0.26 per share, for a total transaction of $50,000.08. Following the acquisition, the director now owns 784,579 shares of the company’s stock, valued at $203,990.54. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.
EnSync stock opened at $0.30 on Wednesday. EnSync has a 1-year low of $0.18 and a 1-year high of $0.58.
EnSync Company Profile
EnSync, Inc, together with its subsidiaries, develops, licenses, and manufactures energy management systems solutions for the commercial and industrial building, utility, and off-grid markets in the United States and internationally. The company's products include Matrix energy management, an energy control system for the commercial and industrial, and multi-tenant building markets; DER Flex Internet of energy control platform, a software platform that seamlessly connects to DERs and controls the flow of electricity, as well as offers aggregation and monetization opportunities for providing utility grid services; DER SuperModule system, a self-contained DER system that integrates with renewable generation, customer load, and grid interconnection for deploying the least expensive, highest value, and most reliable electricity; and Agile Hybrid advanced energy storage system, an energy storage system to deliver power and energy for behind-the-meter applications in commercial, industrial, multi-tenant, and resort buildings.
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