Short Interest in Ceres Power Holdings plc (OTCMKTS:CPWHF) Drops By 5.7%

Ceres Power Holdings plc (OTCMKTS:CPWHF) saw a significant decline in short interest in the month of November. As of November 30th, there was short interest totalling 293,600 shares, a decline of 5.7% from the November 15th total of 311,400 shares. Based on an average daily volume of 10,600 shares, the days-to-cover ratio is presently 27.7 days.

Ceres Power Price Performance

CPWHF remained flat at $2.15 during trading hours on Monday. The company has a 50 day moving average price of $2.64 and a two-hundred day moving average price of $2.62. Ceres Power has a 52 week low of $1.60 and a 52 week high of $4.00.

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.