Short Interest in Solid Power, Inc. (NASDAQ:SLDPW) Increases By 456.3%

Solid Power, Inc. (NASDAQ:SLDPW) saw a significant growth in short interest during the month of October. As of October 15th, there was short interest totaling 8,900 shares, a growth of 456.3% from the September 30th total of 1,600 shares. Based on an average daily trading volume, of 153,600 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily trading volume, of 153,600 shares, the days-to-cover ratio is presently 0.1 days.

Solid Power Stock Down 9.8%

NASDAQ SLDPW opened at $1.10 on Tuesday. The firm’s 50-day moving average is $0.70 and its two-hundred day moving average is $0.46. Solid Power has a 12 month low of $0.08 and a 12 month high of $1.84.

About Solid Power

Solid Power, Inc develops solid state battery technologies for the electric vehicles (EV) and other markets in the United States. The company sells its sulfide-based solid electrolyte; and licenses its solid-state cell designs and manufacturing processes. It also produces and sells 0.2, 2, 20 ampere-hour (Ah), and EV cells.