What’s in FLUX POWER HOLDINGS INC (OTCMKTS:FLUX) After Rise in Shorted Shares?

Flux Power Holdings, Inc (OTCMKTS:FLUX) Logo

The stock of FLUX POWER HOLDINGS INC (OTCMKTS:FLUX) registered an increase of 31.5% in short interest. FLUX’s total short interest was 16,700 shares in December as published by FINRA. Its up 31.5% from 12,700 shares, reported previously. With 15,000 shares average volume, it will take short sellers 1 days to cover their FLUX’s short positions.

The stock decreased 5.71% or $0.1 during the last trading session, reaching $1.65. About 3,238 shares traded. Flux Power Holdings, Inc (OTCMKTS:FLUX) has 0.00% since December 8, 2017 and is . It has underperformed by 15.62% the S&P500.

Flux Power Holdings, Inc., through its subsidiary Flux Power, Inc., designs, develops, and sells rechargeable lithium-ion energy storage systems for industrial applications in the United States. The company has market cap of $77.44 million. The Company’s products include battery cell management system that provides cell balancing, monitoring, and error reporting functions for battery systems; and battery modules, including energy storage modules for industrial equipment, electrical vehicles, and governmental applications. It currently has negative earnings. The firm also offers air-cooled and liquid-cooled chargers to interface with its BMS; and integrates lithium packs in various applications, including forklifts and related industrial equipment.

More news for Flux Power Holdings, Inc (OTCMKTS:FLUX) were recently published by: Seekingalpha.com, which released: “The Impact Of Air Canada’s Offer On Aimia’s Shareholders – Seeking Alpha” on September 05, 2018. Seekingalpha.com‘s article titled: “Aperam: A Cash Cow With A 54-62% Upside Potential – Seeking Alpha” and published on August 24, 2018 is yet another important article.

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