DPW Holdings Inc (NYSEAMERICAN:DPW) was the recipient of a large drop in short interest during the month of August. As of August 31st, there was short interest totalling 9,087,170 shares, a drop of 0.4% from the August 15th total of 9,125,015 shares. Approximately 15.5% of the company’s shares are short sold. Based on an average daily trading volume, of 1,180,448 shares, the short-interest ratio is currently 7.7 days.
An institutional investor recently bought a new position in DPW stock. GSA Capital Partners LLP purchased a new position in shares of DPW Holdings Inc (NYSEAMERICAN:DPW) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 691,783 shares of the technology company’s stock, valued at approximately $375,000. GSA Capital Partners LLP owned approximately 1.09% of DPW as of its most recent filing with the Securities and Exchange Commission.
Shares of NYSEAMERICAN DPW traded up $0.01 during midday trading on Monday, hitting $0.38. The stock had a trading volume of 826,100 shares, compared to its average volume of 2,622,678. DPW has a 1-year low of $0.37 and a 1-year high of $5.95.
DPW (NYSEAMERICAN:DPW) last released its quarterly earnings data on Monday, August 20th. The technology company reported ($0.13) earnings per share for the quarter, meeting the consensus estimate of ($0.13). The business had revenue of $7.44 million for the quarter, compared to analyst estimates of $7.30 million. DPW had a negative return on equity of 120.15% and a negative net margin of 64.32%.
DPW Company Profile
DPW Holdings, Inc designs, develops, manufactures, and sells power system solutions for the military/aerospace, medical and industrial-telecommunication industries in North America and Europe. The company offers custom power system solutions; high-grade flexibility series power supply products, such as power rectifiers; and value-added services for original equipment manufacturers.
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