Short Interest in Solid Power, Inc. (NASDAQ:SLDPW) Drops By 17.5%

Solid Power, Inc. (NASDAQ:SLDPW) saw a significant decrease in short interest in the month of October. As of October 31st, there was short interest totalling 26,400 shares, a decrease of 17.5% from the October 15th total of 32,000 shares. Based on an average daily trading volume, of 28,900 shares, the days-to-cover ratio is presently 0.9 days.

Solid Power Price Performance

SLDPW stock traded down $0.01 during trading hours on Friday, reaching $0.11. 10,342 shares of the stock were exchanged, compared to its average volume of 25,591. The firm’s 50-day moving average is $0.11 and its 200-day moving average is $0.16. Solid Power has a 12 month low of $0.09 and a 12 month high of $0.28.

Solid Power Company Profile

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.