Aqua Power Systems Inc. (OTCMKTS:APSI) Sees Significant Drop in Short Interest

Aqua Power Systems Inc. (OTCMKTS:APSI) saw a large drop in short interest during the month of August. As of August 31st, there was short interest totalling 18,900 shares, a drop of 34.4% from the August 15th total of 28,800 shares. Based on an average daily volume of 41,200 shares, the short-interest ratio is presently 0.5 days.

Aqua Power Systems Stock Performance

OTCMKTS APSI opened at $0.02 on Monday. The company has a 50-day simple moving average of $0.01 and a two-hundred day simple moving average of $0.02. Aqua Power Systems has a 12-month low of $0.01 and a 12-month high of $0.09.

About Aqua Power Systems

Aqua Power Systems Inc does not have significant operations. The company intends to engage in merger or acquisition opportunities. Previously, it was focused on the goal of developing solar energy collection farms on commercial and/or industrial buildings located on distressed, blighted, and/or underutilized commercial land in North Carolina and other southern states of the United States.