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Exro Technologies Inc. T.EXRO

Alternate Symbol(s):  T.EXRO.WT | EXROF

Industrials
Exro Technologies Inc. is a clean technology company. The Company is engaged in developing power control electronics that expand the capabilities of electric motors and batteries. Its technologies include e-mobility (Coil Driver) and stationary energy storage (Cell Driver). The Coil Drive technology is an adaptive traction inverter that replaces the standard 3-phase inverter in electric vehicles. Utilizing its patented coil switching technology, the Coil Driver enables the motor to dynamically switch between two modes, series mode optimized for high torque at low speeds, and parallel mode optimized for high power and efficiency at high speeds. The Cell Driver technology is a fully integrated energy storage system designed for commercial and industrial applications. Its SEA-Drive power system provides a complete e-propulsion solution to original equipment manufacturers. It encompasses everything from high-capacity batteries and electric motors to next-generation control units.


TSX:EXRO - Post by User

Exro Technologies Inc.
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Post by Markcalgaryon May 23, 2023 9:31am
176 Views
Post# 35460001

In the US market this AM....short availability

In the US market this AM....short availabilityGreat situation in the US market this AM for Exro.  There are only 2 Brokerages with stock available to borrow..... thats tiny compared to a week ago.  The availability yesterday was approx 250K shares.  This AM its just over 100K.  The rate charged to borrow is 55.5..... to short Tourmaline for example the rate is POINT 25!!!! 

Think it will be fun short squeeze for those taking the risk to get in front of the EXRO train.  Canadian market ACTUAL shorts on Exro as of May 15 were just over 750K shares.  

GLTA
Should be a fun day.

MC
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Dealroom for high-potential pre-IPO opportunities