Ceres Power Holdings plc (OTCMKTS:CPWHF) Short Interest Update

Ceres Power Holdings plc (OTCMKTS:CPWHF) saw a large drop in short interest during the month of June. As of June 15th, there was short interest totalling 1,033,100 shares, a drop of 8.7% from the May 31st total of 1,132,100 shares. Based on an average daily trading volume, of 3,500 shares, the days-to-cover ratio is presently 295.2 days.

Ceres Power Stock Performance

CPWHF remained flat at $2.23 during trading on Tuesday. 500 shares of the company’s stock were exchanged, compared to its average volume of 2,994. Ceres Power has a 12 month low of $1.60 and a 12 month high of $5.85. The stock has a 50-day moving average of $2.36 and a two-hundred day moving average of $2.21.

Ceres Power Company Profile

Ceres Power Holdings plc, provides fuel cells for power generation and electrolysers for green hydrogen in Europe, Asia, North America, and internationally. The company offers SteelCell, a solid oxide fuel cell that generates electrical natural gas, biogas, and pure and blend hydrogen. It also develops solid oxide electrolysis cell, provides a pathway to produce green hydrogen using fossil fuels.