NEW YORK, July 18, 2026, 4:11 p.m. EDT
- U.S. markets are shut; Ondas closed Friday at $6.525, marking a 10.1% decline for the week.
- Trading volume over five sessions totaled 671.5 million shares, equaling 118% of outstanding shares.
- Data on short interest for July 15 will be released on July 24.
Ondas Inc. NASDAQ:ONDS recorded trading volume of 671.5 million shares last week, surpassing its 569.8 million shares outstanding. Still, the stock declined 10.1%.
This is the main observation for investors. Liquidity remained high, yet purchases did not drive prices upward.
The comparison is significant as DZYNE sellers are able to resell 39,999,998 shares, representing only 6.0% of last week’s total trading volume.
Registration does not constitute a sale. Ondas stated sellers can choose to sell some, all, or none. The company is not entitled to any proceeds.
A preliminary estimate based on daily closing prices indicates that weekly trading volume reached about $4.6 billion, surpassing the market value of $3.72 billion recorded on Friday.
| Company | July 17 close | Weekly change | Five-day turnover* |
|---|---|---|---|
| Ondas Inc. NASDAQ:ONDS | $6.525 | -10.1% | 117.8% |
| Red Cat Holdings Inc. NASDAQ:RCAT | $7.64 | -13.5% | 23.9% |
| AeroVironment Inc. NASDAQ:AVAV | $142.20 | -1.6% | 14.0% |
Weekly change is calculated by comparing July 17 to July 10. Turnover is the volume from July 13-17 divided by shares outstanding, counting all trades instead of unique owners. The numbers use official daily prices, trading volumes, and share counts.
Ondas recorded a turnover rate almost five times higher than Red Cat, and greater than eight times that of AeroVironment.
The stock’s drop was moderate compared to its peers. Red Cat experienced a steeper loss, while AeroVironment performed more robustly.
Broader markets declined as well. The Nasdaq Composite dropped 2.9% over the week.
On Friday, Ondas volume surged to 214.5 million shares, nearly three times its 65-day average. The stock slid 1.9%.
The focus now turns to short positions. FactSet data indicate there were 197.6 million shares sold short as of June 30, accounting for 40.65% of the public float.
The July 15 snapshot will be released on July 24. An increase may signal new bearish bets, while a decrease could suggest short covering.
Chief Executive Eric Brock stated on July 6 that DZYNE “significantly strengthens Ondas’ financial profile.” Following his remarks, shares have fallen 16.6%. Ondas Inc.
The terms for resale limit seller actions using a formula based on 10% of the daily volume. An additional 44,999,998 shares will be issued to DZYNE sellers on January 4, 2027.
Risks: Weekly volume does not capture unique demand. Seller participation is unclear, and short-interest data is delayed. DZYNE integration and potential share issuance may introduce volatility.
U.S. cash markets remained closed on Saturday. Ondas has no investor events on the agenda. Standard trading will restart Monday, and new short-interest figures are set for release on Friday.
Related articles: NASDAQ:ONDS
