Solid Power, Inc. (NASDAQ:SLDPW) Short Interest Down 74.6% in December

Solid Power, Inc. (NASDAQ:SLDPW) was the target of a significant decline in short interest in December. As of December 31st, there was short interest totaling 204 shares, a decline of 74.6% from the December 15th total of 804 shares. Based on an average trading volume of 57,172 shares, the days-to-cover ratio is presently 0.0 days. Based on an average trading volume of 57,172 shares, the days-to-cover ratio is presently 0.0 days.

Solid Power Stock Up 4.4%

SLDPW opened at $0.95 on Tuesday. The stock has a 50-day moving average price of $1.12 and a 200-day moving average price of $0.83. Solid Power has a 1 year low of $0.08 and a 1 year high of $2.33.

About Solid Power

Solid Power, Inc (NASDAQ: SLDPW) is a developer and manufacturer of all-solid-state rechargeable battery cells, targeting applications in electric vehicles, aerospace, and defense markets. The company’s core technology centers on high-energy-density sulfide-based solid electrolytes, which replace the liquid electrolytes found in conventional lithium-ion batteries. By leveraging solid electrolytes, Solid Power aims to enhance safety, prolong cycle life, and increase energy density, addressing key challenges in next-generation battery systems.

Solid Power’s product portfolio includes prototype and pre-commercial solid‐state cells designed for automotive use, with anticipated energy densities exceeding those of current lithium-ion offerings.