Short Interest in Solid Power, Inc. (NASDAQ:SLDPW) Drops By 17.5%

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

Solid Power Stock Performance

Shares of NASDAQ SLDPW traded down $0.01 during mid-day trading on Friday, reaching $0.11. 10,342 shares of the company were exchanged, compared to its average volume of 25,591. The company’s 50-day simple moving average is $0.11 and its 200-day simple moving average is $0.16. Solid Power has a twelve month low of $0.09 and a twelve month high of $0.28.

Solid Power Company Profile

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.