Short Interest in Ceres Power Holdings plc (OTCMKTS:CPWHF) Expands By 24.8%

Ceres Power Holdings plc (OTCMKTS:CPWHF) was the target of a significant increase in short interest in March. As of March 15th, there was short interest totalling 331,700 shares, an increase of 24.8% from the February 28th total of 265,800 shares. Based on an average daily volume of 12,900 shares, the days-to-cover ratio is presently 25.7 days.

Ceres Power Trading Down 8.2 %

Shares of Ceres Power stock opened at $0.68 on Thursday. The firm’s 50-day moving average price is $1.24 and its two-hundred day moving average price is $2.09. Ceres Power has a 12-month low of $0.67 and a 12-month high of $4.00.

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.