Eos Energy Enterprises, Inc. (NASDAQ:EOSEW) Sees Significant Drop in Short Interest

Eos Energy Enterprises, Inc. (NASDAQ:EOSEW) was the target of a large decline in short interest in the month of March. As of March 15th, there was short interest totalling 900 shares, a decline of 83.6% from the February 28th total of 5,500 shares. Based on an average trading volume of 135,100 shares, the short-interest ratio is presently 0.0 days.

Eos Energy Enterprises Trading Down 7.9 %

Shares of EOSEW traded down $0.03 during midday trading on Wednesday, hitting $0.35. 16,488 shares of the company traded hands, compared to its average volume of 71,120. The stock has a 50-day moving average of $0.79 and a 200-day moving average of $0.52. Eos Energy Enterprises has a one year low of $0.07 and a one year high of $1.61.

Eos Energy Enterprises Company Profile

Eos Energy Enterprises, Inc designs, manufactures, and markets zinc-based energy storage solutions for utility-scale, microgrid, and commercial and industrial (C&I) applications in the United States. The company offers Znyth technology battery energy storage system (BESS), which provides the operating flexibility to manage increased grid complexity and price volatility.