Highly shorted Eos Energy Enterprises surges after BlackRock reveals stake
ReutersJul 18, 2025 2:10 PM
Shares of energy storage systems provider Eos Energy Enterprises EOSE.O climb 14.4% to $6.1, hitting a more than eight-week high intraday
BlackRock BLK.N discloses a 6.5% stake in EOSE, as per a filing late on Thursday
BLK's stake is worth more than $85 mln, according to Reuters calculations based on EOSE's last closing price of $5.3
*Short interest stands at 36.1% of free float, according to data analytics firm Ortex
EOSE will report Q2 results after markets close on July 31
EOSE has 248.6 mln shares outstanding, with a market cap of $1.32 bln as of Thursday's close
Including sessions' gains, stock up about 24% YTD
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