UQM Technologies Inc (NYSEAMERICAN:UQM) was the target of a significant increase in short interest in January. As of January 12th, there was short interest totalling 1,481,886 shares, an increase of 0.8% from the December 29th total of 1,469,443 shares. Based on an average daily volume of 356,629 shares, the short-interest ratio is presently 4.2 days. Currently, 3.3% of the company’s stock are short sold.

A number of research analysts recently weighed in on the stock. HC Wainwright set a $2.00 target price on shares of UQM Technologies and gave the company a “buy” rating in a research report on Thursday, October 19th. Zacks Investment Research downgraded shares of UQM Technologies from a “buy” rating to a “hold” rating in a research report on Saturday, January 6th.

UQM Technologies (NYSEAMERICAN:UQM) opened at $1.35 on Wednesday. The firm has a market cap of $78.93, a price-to-earnings ratio of -5.40 and a beta of 0.14. UQM Technologies has a 12-month low of $0.42 and a 12-month high of $1.79.

UQM Technologies (NYSEAMERICAN:UQM) last released its earnings results on Thursday, November 2nd. The industrial goods maker reported ($0.02) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.03) by $0.01. The business had revenue of $2.75 million during the quarter, compared to the consensus estimate of $3.52 million. UQM Technologies had a negative net margin of 19.74% and a negative return on equity of 25.47%.

TRADEMARK VIOLATION WARNING: This piece was first reported by Watch List News and is owned by of Watch List News. If you are reading this piece on another site, it was illegally copied and reposted in violation of international copyright & trademark legislation. The correct version of this piece can be viewed at https://www.watchlistnews.com/uqm-technologies-inc-uqm-sees-large-increase-in-short-interest/1833907.html.

UQM Technologies Company Profile

UQM Technologies, Inc, (UQM) develops, manufactures and sells electric motors, generators, power electronic controllers and fuel cell compressors for the commercial truck, bus, automotive, marine, military and industrial markets. The Company’s focus is incorporating its technology as propulsion systems for electric, hybrid electric, plug-in hybrid electric and fuel cell electric vehicles, delivering the heart of the electric vehicle.

Receive News & Ratings for UQM Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for UQM Technologies and related companies with MarketBeat.com's FREE daily email newsletter.