ITM Power Plc (OTCMKTS:ITMPF) Short Interest Down 17.2% in January

ITM Power Plc (OTCMKTS:ITMPF) was the target of a large decline in short interest during the month of January. As of January 31st, there was short interest totalling 115,600 shares, a decline of 17.2% from the January 15th total of 139,600 shares. Based on an average trading volume of 20,000 shares, the days-to-cover ratio is presently 5.8 days.

ITM Power Trading Down 0.7 %

OTCMKTS ITMPF opened at $0.44 on Monday. The stock has a 50 day moving average price of $0.44 and a 200-day moving average price of $0.54. ITM Power has a one year low of $0.40 and a one year high of $0.90.

ITM Power Company Profile

ITM Power Plc designs and manufactures proton exchange membrane (PEM) electrolysers in the United Kingdom, Germany, Australia, rest of Europe, and the United States. Its product portfolio includes TRIDENT, an PEM electrolysers stack technology; NEPTUNE, a 2MW plug and play electrolyser for small to mid-size projects; and POSEIDON, a cutting-edge 20 MW module for large-scale projects.