Solid Power, Inc. (NASDAQ:SLDPW – Get Free Report) was the target of a large growth in short interest in June. As of June 30th, there was short interest totaling 27,890 shares, a growth of 18,248.7% from the June 15th total of 152 shares. Based on an average daily trading volume, of 29,204 shares, the short-interest ratio is currently 1.0 days.
Solid Power Stock Up 17.2%
Shares of NASDAQ SLDPW traded up $0.01 during mid-day trading on Friday, hitting $0.09. 16,279 shares of the company’s stock traded hands, compared to its average volume of 40,243. The company’s 50-day moving average is $0.17 and its two-hundred day moving average is $0.37. Solid Power has a 1 year low of $0.08 and a 1 year high of $2.33.
About Solid Power
Solid Power, Inc (NASDAQ: SLDPW) is a developer and manufacturer of all-solid-state rechargeable battery cells, targeting applications in electric vehicles, aerospace, and defense markets. The company’s core technology centers on high-energy-density sulfide-based solid electrolytes, which replace the liquid electrolytes found in conventional lithium-ion batteries. By leveraging solid electrolytes, Solid Power aims to enhance safety, prolong cycle life, and increase energy density, addressing key challenges in next-generation battery systems.
Solid Power’s product portfolio includes prototype and pre-commercial solid?state cells designed for automotive use, with anticipated energy densities exceeding those of current lithium-ion offerings.
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