Ondas (NASDAQ:ONDS) Stock Near $7.50 as 44% Reported Short Interest Raises Earnings Stakes

Ondas Inc. was indicated 0.4% lower at $7.46 in delayed premarket trading. Nasdaq futures gained about 0.2%. Regular U.S. trading had not opened.

Ondas Inc. (NASDAQ:ONDS) stock slide cuts DZYNE equity payment value by $84 million

Ondas Inc. (NASDAQ:ONDS) stock slide cuts DZYNE equity payment value by $84 million

Ondas Inc. enters Tuesday’s session with its shares at $6.96, 12.4% below the roughly $7.95 value per share embedded in the stock portion of its DZYNE Technologies purchase. At Monday’s close, the 84,999,996-share payment was worth about $591.6 million, against the $675.5 million value recorded in a regulatory filing. The share count is fixed; its market value is not.