Legend Power Systems Inc. (OTCMKTS:LPSIF) Short Interest Up 85.9% in June

Legend Power Systems Inc. (OTCMKTS:LPSIF) was the recipient of a significant increase in short interest in June. As of June 30th, there was short interest totaling 57,766 shares, an increase of 85.9% from the June 15th total of 31,066 shares. Based on an average daily trading volume, of 42,580 shares, the days-to-cover ratio is currently 1.4 days.

Legend Power Systems Stock Performance

LPSIF stock opened at $0.12 on Friday. The firm has a 50 day moving average of $0.10 and a 200-day moving average of $0.08. Legend Power Systems has a 12 month low of $0.05 and a 12 month high of $0.17.

Legend Power Systems Company Profile

Legend Power Systems Inc develops and provides power quality and energy management solutions designed to optimize electricity distribution for utilities and industrial and commercial end users. The company’s core offering, the Adaptive Grid® system, combines advanced capacitive switching hardware with real-time monitoring and analytics to regulate voltage, manage reactive power, and improve overall grid efficiency. By deploying its patented voltage optimization technology on distribution feeders and in facility electrical systems, Legend Power Systems aims to enhance reliability, reduce energy consumption and lower operating costs.

Legend’s product line includes pole-mounted and pad-mounted switching devices, intelligent controllers, remote terminal units and power quality sensors.