Solid Power, Inc. (NASDAQ:SLDPW – Get Free Report) saw a large increase in short interest during the month of September. As of September 30th, there was short interest totaling 20,198 shares, an increase of 85.7% from the September 15th total of 10,877 shares. Based on an average trading volume of 160,628 shares, the days-to-cover ratio is currently 0.1 days.
Solid Power Stock Performance
Shares of NASDAQ:SLDPW traded down $0.00 during midday trading on Friday, reaching $0.02. 3,988 shares of the company traded hands, compared to its average volume of 47,430. Solid Power has a 12 month low of $0.01 and a 12 month high of $2.33. The firm’s fifty day moving average price is $0.03 and its two-hundred day moving average price is $0.12.
About Solid Power
Solid Power, Inc is a development-stage battery technology company focused on solid-state rechargeable batteries. The company is developing sulfide-based solid electrolytes and all-solid-state battery cells designed to improve energy density, safety and performance compared with conventional lithium-ion batteries.
Solid Power’s products and technologies are primarily intended for electric vehicles and other mobility applications. Its business includes developing and producing solid electrolyte materials, designing battery cells and supporting the integration of its technology into automotive platforms.
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