Elong Power Holding Limited (NASDAQ:ELPW) Sees Significant Drop in Short Interest

Elong Power Holding Limited (NASDAQ:ELPW) saw a large drop in short interest in the month of January. As of January 15th, there was short interest totaling 9,318 shares, a drop of 46.2% from the December 31st total of 17,319 shares. Approximately 0.3% of the company’s stock are short sold. Based on an average daily trading volume, of 91,546 shares, the short-interest ratio is currently 0.1 days. Based on an average daily trading volume, of 91,546 shares, the short-interest ratio is currently 0.1 days. Approximately 0.3% of the company’s stock are short sold.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the company. Wall Street Zen upgraded Elong Power to a “hold” rating in a report on Saturday, October 11th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Elong Power in a research report on Wednesday, January 21st. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Elong Power presently has a consensus rating of “Sell”.

Key Elong Power News

Here are the key news stories impacting Elong Power this week:

• Positive Sentiment: Strong buying demand and volume surge: ELPW traded with very heavy volume (~22.5M shares vs. a 30‑day average of ~1.58M), consistent with aggressive buying pressure that pushed the stock higher and repeatedly hit exchange volatility bands.
• Neutral Sentiment: Multiple LULD pauses executed: The security experienced numerous Limit Up‑Limit Down (LULD) pauses throughout the session, meaning the stock repeatedly moved outside the predefined price collars and exchanges temporarily halted trading to restore orderly markets. This is a market mechanism rather than a corporate action.
• Neutral Sentiment: No company disclosure tied to the halts (no press release or SEC filing referenced in the halt notices). That leaves the price move driven by market flow/speculative trading rather than an announced corporate event.
• Negative Sentiment: Higher short‑term risk and potential for sharp reversals: Repeated LULD trips and massive volume signal extreme volatility; investors face elevated execution risk, potential wide spreads, and the chance of rapid pullbacks once momentum stalls.
• Negative Sentiment: Technical extremes: ELPW’s 50‑day moving average (~$2.36) is far below the current price while the 200‑day (~$12.67) is near it, indicating a very recent and rapid run‑up that can be followed by mean reversion or profit‑taking.

Elong Power Price Performance

Shares of NASDAQ:ELPW traded up $13.51 on Friday, reaching $13.94. The company had a trading volume of 22,491,312 shares, compared to its average volume of 462,424. The stock has a 50-day moving average price of $2.58 and a 200 day moving average price of $12.53. Elong Power has a twelve month low of $0.28 and a twelve month high of $129.20.

Hedge Funds Weigh In On Elong Power

A hedge fund recently bought a new stake in Elong Power stock. Invesco Ltd. acquired a new position in shares of Elong Power Holding Limited (NASDAQ:ELPW) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 34,808 shares of the company’s stock, valued at approximately $31,000. Invesco Ltd. owned 0.07% of Elong Power at the end of the most recent quarter. 88.31% of the stock is currently owned by hedge funds and other institutional investors.

Elong Power Company Profile

Elong Power (NASDAQ: ELPW) is a China-based designer, manufacturer and distributor of high- and medium-voltage electrical equipment used in power transmission and distribution networks. The company’s product portfolio includes gas-insulated switchgear (GIS), metal-enclosed switchgear, load break switches, ring main units (RMUs) and power distribution cabinets, as well as related control and protection systems. Elong Power’s equipment is engineered to facilitate safe and efficient delivery of electricity across urban and rural networks.

In addition to core switchgear products, Elong Power provides turnkey solutions that encompass system design, installation, commissioning and after-sales maintenance.