FLUX POWER HOLDINGS (OTCMKTS:FLUX) on Focus After Report of More Shorts

August 24, 2017 - By Adrian Mccoy

The stock of FLUX POWER HOLDINGS (OTCMKTS:FLUX) registered an increase of 6% in short interest. FLUX’s total short interest was 5,300 shares in August as published by FINRA. Its up 6% from 5,000 shares, reported previously. With 26,400 shares average volume, it will take short sellers 0 days to cover their FLUX’s short positions.

About 1,001 shares traded. Flux Power Holdings Inc (OTCMKTS:FLUXD) has 0.00% since August 24, 2016 and is . It has underperformed by 16.70% the S&P500.

Flux Power Holdings, Inc., designs, develops and sells rechargeable advanced lithium-ion batteries for industrial uses, including UL 2771 Listed lithium-ion LiFT Pack forklift batteries. The company has market cap of $13.17 million. The Firm offers a high power battery cell management system . It currently has negative earnings. The Company’s BMS provides three functions to its battery systems: cell balancing, performed by adjusting the capacity of each cell in a storage system according to temperature, voltage, and internal impedance metrics; monitoring, performed by way of a physical connection to individual cells for monitoring voltage and performing calculations from basic metrics to determine remaining capacity and internal impedance, and error reporting, performed by analyzing data from monitoring each individual cell and making decisions on whether the individual cell or the system is operating out of normal specifications.

More notable recent Flux Power Holdings Inc (OTCMKTS:FLUXD) news were published by: Globenewswire.com which released: “Flux Power Debuts Lithium-Ion Battery for Class 1 Forklifts at ProMat 2017 …” on April 03, 2017, also Globenewswire.com with their article: “Flux Power Doubles Sales of Lithium-Ion Forklift Batteries in Q3 ’17; Posts …” published on May 15, 2017, Nasdaq.com published: “Flux Power to Begin Trading on Post-Split Basis Tomorrow Following 1-for-10 …” on August 17, 2017. More interesting news about Flux Power Holdings Inc (OTCMKTS:FLUXD) were released by: Nasdaq.com and their article: “Industrial Lithium Battery Innovator Flux Power to Present at 6th Annual …” published on August 08, 2017 as well as Globenewswire.com‘s news article titled: “Industrial Lithium-Ion Battery Developer Flux Power Named to Food Logistics …” with publication date: June 29, 2017.

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