Short Interest in DPW Holdings Inc (NYSEAMERICAN:DPW) Increases By 258.9%

DPW Holdings Inc (NYSEAMERICAN:DPW) saw a large growth in short interest in the month of July. As of July 15th, there was short interest totalling 2,510,400 shares, a growth of 258.9% from the June 15th total of 699,400 shares. Currently, 57.1% of the shares of the company are short sold. Based on an average daily volume of 4,600,000 shares, the short-interest ratio is presently 0.5 days.

A hedge fund recently bought a new stake in DPW stock. Deutsche Bank AG purchased a new position in DPW Holdings Inc (NYSEAMERICAN:DPW) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 266,800 shares of the technology company’s stock, valued at approximately $27,000. Deutsche Bank AG owned approximately 4.09% of DPW as of its most recent SEC filing.

DPW traded down $0.03 during midday trading on Friday, hitting $0.14. 5,227,200 shares of the company were exchanged, compared to its average volume of 3,143,580. DPW has a 1-year low of $0.12 and a 1-year high of $11.42.

DPW (NYSEAMERICAN:DPW) last posted its quarterly earnings data on Tuesday, May 21st. The technology company reported ($1.04) earnings per share (EPS) for the quarter. The company had revenue of $6.94 million during the quarter.

About DPW

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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