Solid Power, Inc. (NASDAQ:SLDPW – Get Rating) was the recipient of a significant decrease in short interest during the month of March. As of March 15th, there was short interest totalling 4,200 shares, a decrease of 64.7% from the February 28th total of 11,900 shares. Based on an average trading volume of 45,500 shares, the days-to-cover ratio is presently 0.1 days.

Solid Power Price Performance

Shares of Solid Power stock traded down $0.03 on Monday, hitting $0.44. The stock had a trading volume of 8,466 shares, compared to its average volume of 41,301. The company has a 50 day moving average of $0.56. Solid Power has a twelve month low of $0.33 and a twelve month high of $2.80.

Insider Transactions at Solid Power

In related news, Director John Joseph Stephens bought 214,500 shares of the company's stock in a transaction dated Friday, March 10th. The stock was purchased at an average price of $2.92 per share, with a total value of $626,340.00. Following the completion of the acquisition, the director now owns 300,005 shares of the company's stock, valued at $876,014.60. The purchase was disclosed in a document filed with the SEC, which is available through this link.

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