ITM Power Plc (OTCMKTS:ITMPF) Short Interest Update

ITM Power Plc (OTCMKTS:ITMPF) saw a significant decline in short interest during the month of January. As of January 31st, there was short interest totalling 115,600 shares, a decline of 17.2% from the January 15th total of 139,600 shares. Based on an average trading volume of 20,000 shares, the days-to-cover ratio is currently 5.8 days.

ITM Power Stock Down 0.7 %

OTCMKTS:ITMPF traded down $0.00 on Monday, reaching $0.44. The company’s stock had a trading volume of 2,212 shares, compared to its average volume of 9,006. The business’s 50-day moving average price is $0.44 and its two-hundred day moving average price is $0.54. ITM Power has a 1-year low of $0.40 and a 1-year high of $0.90.

About ITM Power

ITM Power Plc designs and manufactures proton exchange membrane (PEM) electrolysers in the United Kingdom, Germany, Australia, rest of Europe, and the United States. Its product portfolio includes TRIDENT, an PEM electrolysers stack technology; NEPTUNE, a 2MW plug and play electrolyser for small to mid-size projects; and POSEIDON, a cutting-edge 20 MW module for large-scale projects.