Ceres Power Holdings plc (OTCMKTS:CPWHF) Short Interest Up 45.2% in September

Ceres Power Holdings plc (OTCMKTS:CPWHF) saw a significant increase in short interest in September. As of September 15th, there was short interest totalling 322,100 shares, an increase of 45.2% from the August 31st total of 221,800 shares. Based on an average daily volume of 1,200 shares, the days-to-cover ratio is presently 268.4 days.

Ceres Power Price Performance

Shares of OTCMKTS CPWHF traded up $0.42 during midday trading on Friday, reaching $3.22. 25,016 shares of the company traded hands, compared to its average volume of 2,908. The stock has a 50-day moving average price of $2.56 and a 200 day moving average price of $2.33. Ceres Power has a 52 week low of $1.60 and a 52 week high of $3.72.

About Ceres Power

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.