Today’s Stock On Watch: Active Power Incorporated (NASDAQ:ACPW) Shorted Shares Decreased By 52.73%

November 23, 2016 - By Ruchi Gupta   ·   0 Comments

Today's Stock On Watch: Active Power Incorporated (NASDAQ:ACPW) Shorted Shares Decreased By 52.73%

The stock of Active Power Incorporated (NASDAQ:ACPW) registered a decrease of 52.73% in short interest. ACPW’s total short interest was 231,700 shares in November as published by FINRA. Its down 52.73% from 490,200 shares, reported previously. With 241,500 shares average volume, it will take short sellers 1 days to cover their ACPW’s short positions. The short interest to Active Power Incorporated’s float is 1.27%. About 39,702 shares traded hands. Active Power, Inc. (NASDAQ:ACPW) has declined 73.27% since April 21, 2016 and is downtrending. It has underperformed by 78.60% the S&P500.

Active Power, Inc. designs, manufactures, sells and services flywheel uninterruptible power supply products that use kinetic energy to provide short-term power as a cleaner alternative to electro-chemical battery energy storage. The company has a market cap of $5.79 million. The Firm also designs, makes, sells and services modular infrastructure solutions (MIS) that integrate critical power components into a pre-packaged, purpose built enclosure. It currently has negative earnings. The Company’s UPS products and solutions deliver continuous conditioned power during short-term power disturbances and outages, such as voltage sags and surges, and provide ride-through power in the event of a utility failure, supporting activities until utility power is restored or a longer term alternative power source, such as a diesel generator, is started.

Insitutional Activity: The institutional sentiment increased to 0.88 in 2016 Q2. Its up 0.25, from 0.63 in 2016Q1. The ratio increased, as 4 funds sold all Active Power, Inc. shares owned while 4 reduced positions. 1 funds bought stakes while 4 increased positions. They now own 2.78 million shares or 19.41% less from 3.45 million shares in 2016Q1.
Vanguard Grp Incorporated owns 737,447 shares or 0% of their US portfolio. Citadel Ltd Liability last reported 69,050 shares in the company. The New York-based Spark Invest Mngmt Ltd Com has invested 0% in Active Power, Inc. (NASDAQ:ACPW). The Tennessee-based Chickasaw Management Ltd Liability Corp has invested 0% in Active Power, Inc. (NASDAQ:ACPW). Moreover, Renaissance Ltd has 0% invested in Active Power, Inc. (NASDAQ:ACPW) for 514,900 shares. Moreover, Creative Planning has 0% invested in Active Power, Inc. (NASDAQ:ACPW) for 600 shares. Bankshares Of America Corporation De has 4,001 shares for 0% of their US portfolio. Geode Cap Management Ltd Liability Com last reported 75,138 shares in the company. The Massachusetts-based Commonwealth Equity Service has invested 0% in Active Power, Inc. (NASDAQ:ACPW). Guggenheim Cap Llc reported 12,936 shares or 0% of all its holdings. Jpmorgan Chase has invested 0% of its portfolio in Active Power, Inc. (NASDAQ:ACPW). Gmt Capital holds 15,074 shares or 0% of its portfolio. Blackrock Fund Advisors holds 21,855 shares or 0% of its portfolio. Dimensional Fund Advsr L P last reported 35,791 shares in the company. Stifel owns 230,000 shares or 0% of their US portfolio.

Active Power, Inc. (NASDAQ:ACPW) Ratings Coverage

Out of 3 analysts covering Active Power (NASDAQ:ACPW), 2 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 67% are positive. Active Power has been the topic of 4 analyst reports since August 31, 2015 according to StockzIntelligence Inc. Rodman & Renshaw initiated the stock with “Buy” rating in Monday, August 31 report. On Monday, August 31 the stock rating was initiated by H.C. Wainwright with “Buy”. The firm earned “Neutral” rating on Thursday, February 25 by Roth Capital.

ACPW Company Profile

Active Power, Inc., incorporated on March 29, 2000, designs, makes, sells and services flywheel uninterruptible power supply (UPS) products that use kinetic energy to provide short-term power as a cleaner alternative to electro-chemical battery energy storage. The Firm also designs, makes, sells and services modular infrastructure solutions (MIS) that integrate critical power components into a pre-packaged, purpose built enclosure. The Company’s UPS products and solutions are designed to deliver continuous conditioned power during short-term power disturbances and outages, such as voltage sags and surges, and to provide ride-through power in the event of a utility failure, supporting activities until utility power is restored or a longer term alternative power source, such as a diesel generator, is started. The Firm provides its products and solutions to various industries, including transportation, data center, healthcare, entertainment, broadcast and industrial/manufacturing applications. The Company’s MIS products include CleanSource PowerHouse and modular IT.

Another recent and important Active Power, Inc. (NASDAQ:ACPW) news was published by Streetinsider.com which published an article titled: “Langley Holdings to Acquire Substantially All Assets of Active Power (ACPW …” on September 30, 2016.

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By Ruchi Gupta

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