Ceres Power Holdings plc (OTCMKTS:CPWHF) Short Interest Up 24.8% in March

Ceres Power Holdings plc (OTCMKTS:CPWHF) was the recipient of 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 Trading Down 8.2 %

Shares of OTCMKTS:CPWHF opened at $0.68 on Thursday. Ceres Power has a 52-week low of $0.67 and a 52-week high of $4.00. The company has a fifty day moving average of $1.24 and a 200-day moving average of $2.09.

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.