Stardust Power Inc. (NASDAQ:SDSTW) Sees Significant Growth in Short Interest

Stardust Power Inc. (NASDAQ:SDSTWGet Free Report) saw a significant increase in short interest in the month of October. As of October 15th, there was short interest totaling 52,700 shares, an increase of 299.2% from the September 30th total of 13,200 shares. Based on an average daily trading volume, of 36,000 shares, the days-to-cover ratio is presently 1.5 days. Based on an average daily trading volume, of 36,000 shares, the days-to-cover ratio is presently 1.5 days.

Stardust Power Price Performance

Shares of SDSTW stock opened at $0.18 on Wednesday. The company’s 50 day moving average is $0.11 and its 200 day moving average is $0.07. Stardust Power has a 52-week low of $0.02 and a 52-week high of $0.56.

Stardust Power Company Profile

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Stardust Power Inc is a vertically-integrated lithium refinery that engages in producing battery-grade lithium. The company was founded in 2022 and is based in Greenwich, Connecticut.

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