Can Blink Charging CO (NASDAQ:BLNK)’s Tomorrow Be Different? The Stock Had Decline in Shorts

May 18, 2018 - By Melody Miller

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 15.67M 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: Seekingalpha.com which released: “Blink Charging soars after Whole Foods deal” on May 07, 2018, also Seekingalpha.com with their article: “Blink Charging expands EV charging network in Miami” published on May 11, 2018, Globenewswire.com published: “Blink Charging Announces 2017 Financial Results” on April 25, 2018. More interesting news about Blink Charging Co. (NASDAQ:BLNK) were released by: 247Wallst.com and their article: “Why Blink Charging Shares Exploded” published on May 07, 2018 as well as Globenewswire.com‘s news article titled: “Blink Charging Announces First Quarter 2018 Financials” with publication date: May 16, 2018.

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