Short Interest in Legend Power Systems Inc. (OTCMKTS:LPSIF) Increases By 85.9%

Legend Power Systems Inc. (OTCMKTS:LPSIF) was the recipient of a large 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 short-interest ratio is currently 1.4 days.

Legend Power Systems Stock Performance

Shares of Legend Power Systems stock opened at $0.13 on Friday. The company has a 50-day moving average of $0.10 and a 200 day moving average of $0.08. Legend Power Systems has a 1 year low of $0.05 and a 1 year high of $0.17.

About Legend Power Systems

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.