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

Posted by Jeff Wilder on Nov 12th, 2026

Elong Power Holding Limited (NASDAQ:ELPW – Get Free Report) was the recipient of a significant growth in short interest in October. As of October 30th, there was short interest totaling 334,307 shares, a growth of 474.9% from the October 15th total of 58,148 shares. Currently, 288.2% of the shares of the stock are short sold. Based on an average trading volume of 3,654,802 shares, the days-to-cover ratio is presently 0.1 days.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on ELPW shares. Wall Street Zen cut shares of Elong Power from a “hold” rating to a “sell” rating in a research note on Saturday, September 5th. Weiss Ratings upgraded shares of Elong Power from a “sell (e)” rating to a “sell (d)” rating in a research report on Tuesday, October 13th. One analyst has rated the stock with a Sell rating. According to MarketBeat, the company currently has a consensus rating of “Sell”.

View Our Latest Stock Report on Elong Power

Elong Power Trading Up 4.2%

ELPW stock traded up $0.04 during trading on Thursday, hitting $1.00. 392,328 shares of the company traded hands, compared to its average volume of 5,635,231. The company has a 50-day moving average of $2.49 and a 200-day moving average of $575.48. Elong Power has a 1 year low of $0.91 and a 1 year high of $54,972.00.

Elong Power (NASDAQ:ELPW – Get Free Report) last posted its earnings results on Tuesday, October 6th. The company reported $205.69 earnings per share (EPS) for the quarter. The business had revenue of $1.45 million during the quarter.

Elong Power Company Profile

(Get Free Report)

Elong Power Holding Limited is a battery technology company focused on the development and manufacture of lithium-ion battery products. Through its operating subsidiaries, the company serves applications associated with electric mobility, energy storage and other uses that require rechargeable power solutions. Its product offerings include lithium-ion battery cells, battery modules and battery packs, as well as related battery-system solutions. These products are intended for use in areas such as electric vehicles, energy-storage systems, power tools and other equipment requiring portable or stationary electrical power.