Short Interest in Ondas Holdings Inc. (NASDAQ:ONDS) Expands By 41.7%

Ondas Holdings Inc. (NASDAQ:ONDS) saw a large growth in short interest in January. As of January 30th, there was short interest totaling 114,216,051 shares, a growth of 41.7% from the January 15th total of 80,604,956 shares. Based on an average daily volume of 109,103,023 shares, the short-interest ratio is presently 1.0 days. Currently, 27.5% of the shares of the stock are sold short. Currently, 27.5% of the shares of the stock are sold short. Based on an average daily volume of 109,103,023 shares, the short-interest ratio is presently 1.0 days.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on the company. LADENBURG THALM/SH SH upgraded Ondas to a “strong-buy” rating in a report on Thursday, December 18th. Lake Street Capital upped their price target on shares of Ondas from $10.00 to $19.00 and gave the stock a “buy” rating in a research report on Tuesday, January 20th. Zacks Research cut shares of Ondas from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, November 18th. Northland Securities set a $16.00 target price on shares of Ondas in a research note on Tuesday, January 20th. Finally, Weiss Ratings reiterated a “sell (e+)” rating on shares of Ondas in a research report on Monday, December 29th. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $17.29.

Insiders Place Their Bets

In other news, CFO Neil J. Laird sold 4,526 shares of the business’s stock in a transaction that occurred on Monday, December 22nd. The stock was sold at an average price of $9.48, for a total value of $42,906.48. Following the transaction, the chief financial officer directly owned 8,224 shares of the company’s stock, valued at $77,963.52. The trade was a 35.50% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Richard M. Cohen sold 25,861 shares of the stock in a transaction that occurred on Monday, December 22nd. The stock was sold at an average price of $9.48, for a total value of $245,162.28. Following the sale, the director owned 197,746 shares in the company, valued at approximately $1,874,632.08. This trade represents a 11.57% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 1,406,605 shares of company stock worth $12,109,365 in the last quarter. 1.60% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Ondas

A number of institutional investors have recently made changes to their positions in the stock. Goldman Sachs Group Inc. boosted its position in shares of Ondas by 444.4% during the first quarter. Goldman Sachs Group Inc. now owns 112,373 shares of the company’s stock worth $120,000 after purchasing an additional 91,732 shares in the last quarter. Huntleigh Advisors Inc. acquired a new stake in Ondas during the 2nd quarter worth $1,489,000. Exencial Wealth Advisors LLC bought a new position in Ondas during the second quarter worth about $36,000. Caitong International Asset Management Co. Ltd lifted its holdings in Ondas by 83,399,800.0% during the second quarter. Caitong International Asset Management Co. Ltd now owns 833,999 shares of the company’s stock worth $1,601,000 after acquiring an additional 833,998 shares in the last quarter. Finally, Arkadios Wealth Advisors acquired a new position in Ondas in the second quarter valued at about $144,000. 37.73% of the stock is owned by institutional investors and hedge funds.

Ondas Stock Performance

Ondas stock traded up $0.34 during trading hours on Monday, reaching $9.31. 56,489,822 shares of the company’s stock traded hands, compared to its average volume of 88,699,608. The firm has a market capitalization of $3.93 billion, a price-to-earnings ratio of -23.28 and a beta of 2.46. Ondas has a fifty-two week low of $0.57 and a fifty-two week high of $15.28. The firm’s 50 day moving average is $10.51 and its 200-day moving average is $7.95.

Ondas (NASDAQ:ONDS) last posted its quarterly earnings results on Thursday, November 13th. The company reported ($0.06) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.05) by ($0.01). Ondas had a negative return on equity of 35.16% and a negative net margin of 192.60%.The business had revenue of $10.10 million for the quarter, compared to the consensus estimate of $7.04 million. Analysts predict that Ondas will post -0.53 EPS for the current year.

Ondas Company Profile

Ondas Holdings, Inc (NASDAQ: ONDS) develops secure private wireless networking solutions and unmanned aircraft systems tailored to mission-critical industrial applications. Its Ondas Networks division offers the proprietary FullMAX platform, a long-range, high-bandwidth broadband network designed to support real-time data transmission, remote monitoring and IoT deployments across rail, maritime and infrastructure environments. The broadband platform integrates edge-to-cloud architecture to ensure operational resilience and regulatory compliance for transportation and utility operators.

The company’s Ondas Autonomous Systems segment builds heavy-lift cargo drones and uncrewed aircraft platforms for logistics, pipeline and infrastructure inspection, emergency response and other government and commercial use cases.