Short Interest in Solid Power, Inc. (NASDAQ:SLDPW) Declines By 94.6%

Solid Power, Inc. (NASDAQ:SLDPW) was the target of a large decline in short interest in May. As of May 15th, there was short interest totaling 213 shares, a decline of 94.6% from the April 30th total of 3,937 shares. Based on an average trading volume of 33,768 shares, the short-interest ratio is currently 0.0 days.

Solid Power Price Performance

Shares of Solid Power stock traded up $0.05 during trading on Wednesday, hitting $0.22. 97,830 shares of the company’s stock traded hands, compared to its average volume of 44,152. Solid Power has a twelve month low of $0.15 and a twelve month high of $2.33. The firm’s fifty day moving average price is $0.23 and its 200 day moving average price is $0.60.

About Solid Power

Solid Power, Inc (NASDAQ: SLDPW) is a developer and manufacturer of all-solid-state rechargeable battery cells, targeting applications in electric vehicles, aerospace, and defense markets. The company’s core technology centers on high-energy-density sulfide-based solid electrolytes, which replace the liquid electrolytes found in conventional lithium-ion batteries. By leveraging solid electrolytes, Solid Power aims to enhance safety, prolong cycle life, and increase energy density, addressing key challenges in next-generation battery systems.

Solid Power’s product portfolio includes prototype and pre-commercial solid‐state cells designed for automotive use, with anticipated energy densities exceeding those of current lithium-ion offerings.