Will Ideal Power Inc (NASDAQ:IPWR) Run Out of Steam Soon? Short Interest Is Down

Ideal Power Inc. (NASDAQ:IPWR) Logo

Investors sentiment decreased to 1 in Q2 2019. Its down 0.50, from 1.5 in 2019Q1. It fall, as 1 investors sold Ideal Power Inc. shares while 2 reduced holdings. 0 funds opened positions while 3 raised stakes. 2.70 million shares or 52.82% more from 1.77 million shares in 2019Q1 were reported.
Blackrock Incorporated reported 6,102 shares or 0% of all its holdings. Morgan Stanley owns 2,000 shares for 0% of their portfolio. The Pennsylvania-based Vanguard Gru has invested 0% in Ideal Power Inc. (NASDAQ:IPWR). Geode Cap Mgmt Ltd Liability Co holds 65,278 shares. Northern Tru Corp holds 0% or 19,926 shares in its portfolio. Cetera Advisor Netwr Ltd Liability holds 0% of its portfolio in Ideal Power Inc. (NASDAQ:IPWR) for 19,000 shares. Aspiriant Ltd Liability Company invested in 19,700 shares or 0% of the stock. New York-based Awm Inv has invested 0.14% in Ideal Power Inc. (NASDAQ:IPWR). Citadel Ltd Llc has invested 0% of its portfolio in Ideal Power Inc. (NASDAQ:IPWR). Susquehanna Grp Incorporated Limited Liability Partnership stated it has 0% in Ideal Power Inc. (NASDAQ:IPWR). Cullen Frost Bankers Inc reported 0% in Ideal Power Inc. (NASDAQ:IPWR).

The stock of Ideal Power Inc (NASDAQ:IPWR) registered a decrease of 1.03% in short interest. IPWR’s total short interest was 374,800 shares in September as published by FINRA. Its down 1.03% from 378,700 shares, reported previously. With 640,200 shares average volume, it will take short sellers 1 days to cover their IPWR’s short positions. The short interest to Ideal Power Inc’s float is 3%.

The stock decreased 5.39% or $0.25 during the last trading session, reaching $4.39. About 17,655 shares traded. Ideal Power Inc. (NASDAQ:IPWR) has declined 60.64% since September 13, 2018 and is downtrending. It has underperformed by 60.64% the S&P500.

Ideal Power Inc. develops power conversion solutions with a focus on commercial and industrial grid storage, combined solar and storage, and microgrid applications. The company has market cap of $6.46 million. The firm offers 30kW battery converters for the commercial and industrial grid-tied distributed energy storage market; 30kW grid-resilient alternating current – direct current (DC) power conversion system (PCS) with two-ports, as well as 30kW grid-resilient AC-DC-DC multi-port model; and 125kW grid-resilient AC-DC PCS. It currently has negative earnings. It also focuses on licensing its proprietary power conversion Power Packet Switching Architecture to original equipment manufacturers.

More notable recent Ideal Power Inc. (NASDAQ:IPWR) news were published by: Globenewswire.com which released: “PATHION Inc. acquires Ideal Power’s power conversion business unit and technology – GlobeNewswire” on April 17, 2019, also Globenewswire.com with their article: “Ideal Power Announces Strategic Focus on B-TRANâ„¢ Solid State Switch Commercialization – GlobeNewswire” published on January 08, 2019, Seekingalpha.com published: “Ideal Power Inc. (IPWR) CEO Dr. Lon Bell on Q3 2018 Results – Earnings Call Transcript – Seeking Alpha” on November 15, 2018. More interesting news about Ideal Power Inc. (NASDAQ:IPWR) were released by: Seekingalpha.com and their article: “Wall Street Brunch – Seeking Alpha” published on August 18, 2019 as well as Globenewswire.com‘s news article titled: “Ideal Power Receives 1.1 Megawatt Purchase Order for its SunDialâ„¢ Plus Inverters from NEXTracker for One of the Largest Solar-and-Storage Installations in Iowa – GlobeNewswire” with publication date: May 03, 2018.

Ideal Power Inc. (NASDAQ:IPWR) Ratings Chart

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