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 the month of 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 trading volume of 1,200 shares, the short-interest ratio is presently 271.8 days.

Ceres Power Trading Up 4.6 %

Shares of OTCMKTS CPWHF traded up $0.10 during midday trading on Friday, hitting $2.30. The company’s stock had a trading volume of 6,600 shares, compared to its average volume of 2,906. Ceres Power has a 1-year low of $1.60 and a 1-year high of $4.00. The firm’s fifty day moving average price is $2.94 and its 200-day moving average price is $2.65.

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.