Eos Energy Enterprises, Inc. (NASDAQ:EOSEW) Short Interest Up 6.5% in March

Eos Energy Enterprises, Inc. (NASDAQ:EOSEW) was the recipient of a large increase in short interest in the month of March. As of March 15th, there was short interest totalling 24,600 shares, an increase of 6.5% from the February 29th total of 23,100 shares. Based on an average daily volume of 23,500 shares, the short-interest ratio is presently 1.0 days.

Institutional Trading of Eos Energy Enterprises

A number of large investors have recently bought and sold shares of EOSEW. Ionic Capital Management LLC purchased a new position in Eos Energy Enterprises during the 1st quarter worth $25,000. Walleye Trading LLC purchased a new position in Eos Energy Enterprises during the 3rd quarter worth $149,000. Cowen AND Company LLC raised its position in Eos Energy Enterprises by 86.2% during the 4th quarter. Cowen AND Company LLC now owns 925,273 shares of the company’s stock worth $185,000 after buying an additional 428,426 shares during the last quarter. Finally, Walleye Capital LLC purchased a new position in Eos Energy Enterprises during the 3rd quarter worth $265,000.

Eos Energy Enterprises Trading Down 6.3 %

Shares of NASDAQ:EOSEW opened at $0.15 on Thursday. The firm has a fifty day moving average price of $0.18 and a 200 day moving average price of $0.25. Eos Energy Enterprises has a 1-year low of $0.10 and a 1-year high of $1.88.

About Eos Energy Enterprises

Eos Energy Enterprises, Inc designs, manufactures, and markets zinc-based energy storage solutions for utility-scale, microgrid, and commercial and industrial (C&I) applications in the United States. The company offers Znyth technology battery energy storage system (BESS), which provides the operating flexibility to manage increased grid complexity and price volatility.