FREYR Battery, Inc. (NYSE:FREY – Get Free Report) saw a significant decrease in short interest in the month of September. As of September 30th, there was short interest totalling 11,790,000 shares, a decrease of 9.3% from the September 15th total of 13,000,000 shares. Based on an average daily trading volume, of 1,310,000 shares, the days-to-cover ratio is presently 9.0 days. Approximately 9.7% of the company’s shares are short sold.
FREYR Battery Price Performance
Shares of FREY traded down $0.05 during trading hours on Thursday, hitting $1.02. 535,006 shares of the stock were exchanged, compared to its average volume of 1,600,156. FREYR Battery has a fifty-two week low of $0.91 and a fifty-two week high of $4.34. The business has a 50-day moving average of $1.11 and a 200-day moving average of $1.59. The firm has a market capitalization of $142.50 million, a P/E ratio of -1.73 and a beta of 0.73.
FREYR Battery (NYSE:FREY – Get Free Report) last posted its quarterly earnings data on Friday, August 9th. The company reported ($0.19) earnings per share for the quarter, missing the consensus estimate of ($0.18) by ($0.01). During the same period in the prior year, the business posted ($0.18) EPS.
Institutional Investors Weigh In On FREYR Battery
About FREYR Battery
FREYR Battery, Inc provides battery solutions in the United States, Norway, and internationally. The company develops battery cell manufacturing facilities. It serves its products to energy storage systems and commercial mobility, including marine applications and commercial vehicles markets. The company is headquartered in Luxembourg.
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