Ceres Power Holdings plc (OTCMKTS:CPWHF) Short Interest Down 8.8% in October

Ceres Power Holdings plc (OTCMKTS:CPWHF) was the target of a large drop in short interest in October. As of October 31st, there was short interest totalling 326,200 shares, a drop of 8.8% from the October 15th total of 357,700 shares. Based on an average daily volume of 1,200 shares, the short-interest ratio is currently 271.8 days.

Ceres Power Trading Up 4.6 %

Shares of CPWHF traded up $0.10 during mid-day trading on Friday, reaching $2.30. 6,600 shares of the company’s stock were exchanged, compared to its average volume of 2,906. The company has a 50-day simple moving average of $2.94 and a two-hundred day simple moving average of $2.65. Ceres Power has a 52-week low of $1.60 and a 52-week high of $4.00.

About Ceres Power

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.