A Reversal for AXION POWER INTERNATIONAL INC (OTCMKTS:AXPW) Is Not Near. The Stock Has Rise in Shorts

May 17, 2018 - By Ellis Scott

Axion Power International, Inc. (OTCMKTS:AXPW) Logo

The stock of AXION POWER INTERNATIONAL INC (OTCMKTS:AXPW) registered an increase of 45.54% in short interest. AXPW’s total short interest was 31,000 shares in May as published by FINRA. Its up 45.54% from 21,300 shares, reported previously. With 261,100 shares average volume, it will take short sellers 0 days to cover their AXPW’s short positions.

It closed at $0.005 lastly. It is down 0.00% since May 17, 2017 and is . It has underperformed by 11.55% the S&P500.

Axion Power International, Inc., an energy solutions company, develops carbon/lead batteries. The company has market cap of $434,076. The firm sells batteries, energy storage systems, and engineering services. It currently has negative earnings. The Company’s PbC batteries and battery components are used in energy system storage functions.

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