Short Interest in Legend Power Systems Inc. (OTCMKTS:LPSIF) Increases By 85.9%

Legend Power Systems Inc. (OTCMKTS:LPSIF) saw a significant growth in short interest during the month of June. As of June 30th, there was short interest totaling 57,766 shares, a growth of 85.9% from the June 15th total of 31,066 shares. Based on an average daily volume of 42,580 shares, the short-interest ratio is presently 1.4 days.

Legend Power Systems Trading Down 5.7%

OTCMKTS LPSIF opened at $0.12 on Friday. Legend Power Systems has a 52 week low of $0.05 and a 52 week high of $0.17. The company has a 50 day moving average price of $0.10 and a 200 day moving average price of $0.08.

About Legend Power Systems

Legend Power Systems Inc develops and provides power quality and energy management solutions designed to optimize electricity distribution for utilities and industrial and commercial end users. The company’s core offering, the Adaptive Grid® system, combines advanced capacitive switching hardware with real-time monitoring and analytics to regulate voltage, manage reactive power, and improve overall grid efficiency. By deploying its patented voltage optimization technology on distribution feeders and in facility electrical systems, Legend Power Systems aims to enhance reliability, reduce energy consumption and lower operating costs.

Legend’s product line includes pole-mounted and pad-mounted switching devices, intelligent controllers, remote terminal units and power quality sensors.