Digital Power Corp (DPW) Short Interest Update

Digital Power Corp (NYSEAMERICAN:DPW) was the target of a large decline in short interest in December. As of December 29th, there was short interest totalling 1,993,418 shares, a decline of 44.2% from the December 15th total of 3,569,674 shares. Based on an average trading volume of 8,648,659 shares, the days-to-cover ratio is currently 0.2 days.

Digital Power (DPW) opened at $2.27 on Thursday. The firm has a market capitalization of $60.07, a price-to-earnings ratio of -3.85 and a beta of 2.14. Digital Power has a twelve month low of $0.40 and a twelve month high of $5.95.

Digital Power (NYSEAMERICAN:DPW) last released its quarterly earnings data on Tuesday, November 21st. The technology company reported ($0.15) EPS for the quarter, missing analysts’ consensus estimates of ($0.11) by ($0.04). Digital Power had a negative return on equity of 120.15% and a negative net margin of 64.32%.

In related news, Chairman Milton C. Ault III acquired 1,000 shares of the business’s stock in a transaction that occurred on Friday, January 5th. The stock was purchased at an average cost of $2,700.00 per share, for a total transaction of $2,700,000.00. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders have bought a total of 3,700 shares of company stock worth $2,706,301 in the last three months.

A hedge fund recently bought a new stake in Digital Power stock. Asset Management One Co. Ltd. purchased a new position in shares of Digital Power Corp (NYSEAMERICAN:DPW) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 166,719 shares of the technology company’s stock, valued at approximately $3,745,000. Asset Management One Co. Ltd. owned 1.03% of Digital Power at the end of the most recent quarter.

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Digital Power Company Profile

DPW Holdings, Inc, formerly Digital Power Corporation, is engaged in the design, manufacture and sale of power system solutions for the applications in the medical, military, telecom and industrial markets. The Company operates through two segments: North America (sales through DPC) and Europe (sales through DPL).

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