Blink Charging CO (NASDAQ:BLNK) Can’t Be Less Risky. Short Interest Decreased

May 18, 2018 - By simple simple

The stock of Blink Charging CO (NASDAQ:BLNK) registered a decrease of 19.81% in short interest. BLNK’s total short interest was 91,500 shares in May as published by FINRA. Its down 19.81% from 114,100 shares, reported previously. With 69,200 shares average volume, it will take short sellers 1 days to cover their BLNK’s short positions.

The stock increased 11.40% or $0.82 during the last trading session, reaching $8.01. About 15.67 million shares traded or 413.54% up from the average. Blink Charging Co. (NASDAQ:BLNK) has 0.00% since May 18, 2017 and is . It has underperformed by 11.55% the S&P500.

Blink Charging Co. owns, operates, and provides electric vehicle charging equipment and networked EV charging services. The company has market cap of $154.32 million. The firm offers residential and commercial EV charging equipment that enable EV drivers to recharge at various location types. It currently has negative earnings. It also provides Blink Network, a cloud software that operates, maintains, and tracks various Blink EV charging stations and associated charging data, as well as provides property owners, managers, and parking companies with cloud services that enable the remote monitoring and management of EV charging stations and payment processing.

More notable recent Blink Charging Co. (NASDAQ:BLNK) news were published by: Globenewswire.com which released: “Blink Charging Announces First Quarter 2018 Financials” on May 16, 2018, also 247Wallst.com with their article: “Why Blink Charging Shares Exploded” published on May 07, 2018, Nasdaq.com published: “Mid-Afternoon Market Update: Blink Charging Rises After Q1 Results; Purple Innovation Shares Slide” on May 16, 2018. More interesting news about Blink Charging Co. (NASDAQ:BLNK) were released by: Globenewswire.com and their article: “Blink Charging Announces 2017 Financial Results” published on April 25, 2018 as well as Seekingalpha.com‘s news article titled: “Blink Charging soars after Whole Foods deal” with publication date: May 07, 2018.

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