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

Ceres Power Holdings plc (OTCMKTS:CPWHF) was the recipient of a large decline in short interest in June. As of June 15th, there was short interest totalling 1,033,100 shares, a decline of 8.7% from the May 31st total of 1,132,100 shares. Based on an average daily volume of 3,500 shares, the days-to-cover ratio is presently 295.2 days.

Ceres Power Price Performance

Shares of CPWHF opened at $2.23 on Wednesday. The business’s 50 day moving average price is $2.37 and its 200-day moving average price is $2.21. Ceres Power has a 52 week low of $1.60 and a 52 week high of $5.85.

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.