Polar Power 13G Filing Shows Bard Associates, Inc. Reported A 16% Stake In The Co As Of December 31, 2023
Portfolio Pulse from Benzinga Newsdesk
Bard Associates, Inc. has reported a 16% stake in Polar Power, Inc. as of December 31, 2023, according to a 13G filing with the SEC.
January 04, 2024 | 4:32 pm
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Bard Associates, Inc. has disclosed a 16% ownership in Polar Power, Inc., indicating a significant investment by Bard Associates.
The disclosure of a 16% stake by Bard Associates, Inc. in Polar Power, Inc. suggests a substantial level of confidence and investment by Bard Associates. This could be perceived positively by the market, potentially leading to a short-term increase in POLA's stock price as it reflects a strong backing by an institutional investor.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100