Short Interest in Invinity Energy Systems plc (OTCMKTS:IESVF) Drops By 23.4%

Invinity Energy Systems plc (OTCMKTS:IESVF) was the target of a large drop in short interest in the month of February. As of February 28th, there was short interest totalling 227,900 shares, a drop of 23.4% from the February 13th total of 297,400 shares. Based on an average daily trading volume, of 49,600 shares, the days-to-cover ratio is currently 4.6 days.

Invinity Energy Systems Stock Performance

Shares of OTCMKTS:IESVF traded down $0.02 during mid-day trading on Monday, hitting $0.13. 68,500 shares of the company traded hands, compared to its average volume of 20,479. The firm’s 50 day simple moving average is $0.17 and its 200 day simple moving average is $0.17. Invinity Energy Systems has a 52-week low of $0.11 and a 52-week high of $0.39.

About Invinity Energy Systems

Invinity Energy Systems plc manufactures and sells vanadium flow batteries (VFB) for energy storage solutions in the United Kingdom, Canada, the United States, Australia, and China. It also offers electric related services. The company provides batteries for energy storage for utilities and developers, commercial and industrial, and off-grid and microgrid applications.