Ondas Inc (ONDS) Short Float Exceeds 30% Amid Strong Earnings and New Defense Contract
Ondas Inc. (NASDAQ:ONDS) has a short float exceeding 31%, indicating significant bearish sentiment, despite strong Q1 earnings with revenue up over tenfold year-over-year to $50.1 million and an updated full-year target of at least $390 million. The company also secured a $4.8 million defense contract for high-altitude balloon systems.
Tickers: $ONDS
Topics: contract_award earnings_report short_float