Solid Power, Inc. (NASDAQ:SLDPW) Sees Significant Decrease in Short Interest

Solid Power, Inc. (NASDAQ:SLDPW) saw a significant drop in short interest in December. As of December 15th, there was short interest totaling 804 shares, a drop of 74.0% from the November 30th total of 3,096 shares. Based on an average daily volume of 57,925 shares, the days-to-cover ratio is presently 0.0 days. Based on an average daily volume of 57,925 shares, the days-to-cover ratio is presently 0.0 days.

Solid Power Trading Up 5.9%

Shares of NASDAQ SLDPW traded up $0.05 during mid-day trading on Friday, reaching $0.92. 8,129 shares of the company’s stock were exchanged, compared to its average volume of 97,829. Solid Power has a twelve month low of $0.08 and a twelve month high of $2.33. The business has a fifty day simple moving average of $1.19 and a 200 day simple moving average of $0.77.

Solid Power Company Profile

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.