Short Interest in Ceres Power Holdings plc (OTCMKTS:CPWHF) Expands By 5.3%

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

Ceres Power Stock Performance

Shares of CPWHF stock opened at $3.10 on Thursday. Ceres Power has a fifty-two week low of $1.60 and a fifty-two week high of $4.00. The business’s 50 day moving average price is $2.93 and its 200-day moving average price is $2.59.

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.