Ceres Power Holdings plc (OTCMKTS:CPWHF) Short Interest Update

Ceres Power Holdings plc (OTCMKTS:CPWHF) was the target of a large increase in short interest in the month of October. As of October 15th, there was short interest totalling 357,700 shares, an increase of 5.3% from the September 30th total of 339,600 shares. Based on an average daily volume of 5,600 shares, the days-to-cover ratio is presently 63.9 days.

Ceres Power Stock Performance

Shares of OTCMKTS CPWHF opened at $2.70 on Friday. The firm has a fifty day simple moving average of $2.94 and a two-hundred day simple moving average of $2.60. Ceres Power has a 12 month low of $1.60 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.