PowerCell Sweden AB (publ) (OTCMKTS:PCELF) Sees Large Growth in Short Interest

PowerCell Sweden AB (publ) (OTCMKTS:PCELF) was the target of a large growth in short interest during the month of May. As of May 15th, there was short interest totaling 192,111 shares, a growth of 62.3% from the April 30th total of 118,361 shares. Based on an average daily volume of 18 shares, the short-interest ratio is currently 10,672.8 days.

PowerCell Sweden AB (publ) Stock Performance

OTCMKTS:PCELF opened at $3.02 on Thursday. PowerCell Sweden AB has a 12-month low of $1.45 and a 12-month high of $5.03. The stock’s fifty day simple moving average is $2.46 and its 200-day simple moving average is $2.93.

About PowerCell Sweden AB (publ)

PowerCell Sweden AB (publ) is a Swedish technology company specializing in the development and production of hydrogen fuel cell stacks and systems. Its core focus lies in creating scalable, high-performance fuel cell solutions for a range of applications, including stationary power generation, e-mobility and marine propulsion. The company’s modular fuel cell modules can be integrated into customized powertrain and power supply systems, enabling zero-emission operation for heavy vehicles, backup power units and distributed energy installations.

The company’s product portfolio features the PowerCell S3 stack series, which delivers enhanced power density and durability compared to earlier generations.