Solid Power, Inc. (NASDAQ:SLDPW – Get Free Report) saw a significant drop in short interest in the month of August. As of August 14th, there was short interest totaling 9,120 shares, a drop of 53.0% from the July 30th total of 19,400 shares. Based on an average trading volume of 60,515 shares, the days-to-cover ratio is currently 0.2 days.
Solid Power Trading Down 24.4%
Shares of SLDPW traded down $0.01 during trading hours on Friday, reaching $0.02. 109,590 shares of the company traded hands, compared to its average volume of 40,999. The company’s fifty day moving average price is $0.07 and its two-hundred day moving average price is $0.19. Solid Power has a 12 month low of $0.02 and a 12 month 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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