Solid Power, Inc. (NASDAQ:SLDPW) Sees Significant Decline in Short Interest

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

Solid Power Stock Performance

Shares of Solid Power stock traded down $0.01 during trading on Friday, hitting $0.11. 10,342 shares of the stock traded hands, compared to its average volume of 25,591. Solid Power has a 52-week low of $0.09 and a 52-week high of $0.28. The stock’s fifty day simple moving average is $0.11 and its 200 day simple moving average is $0.16.

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.