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

Ceres Power Holdings plc (OTCMKTS:CPWHF) saw a significant increase in short interest during the month of March. As of March 15th, there was short interest totalling 331,700 shares, an increase of 24.8% from the February 28th total of 265,800 shares. Based on an average daily trading volume, of 12,900 shares, the days-to-cover ratio is currently 25.7 days.

Ceres Power Stock Performance

Shares of CPWHF opened at $0.74 on Tuesday. The company’s 50 day simple moving average is $1.29 and its 200-day simple moving average is $2.11. Ceres Power has a 12-month low of $0.67 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.