Stardust Power Inc. (NASDAQ:SDSTW) Sees Large Decrease in Short Interest

Stardust Power Inc. (NASDAQ:SDSTW) was the recipient of a significant decline in short interest in the month of September. As of September 15th, there was short interest totaling 1,329 shares, a decline of 92.8% from the August 31st total of 18,450 shares. Based on an average daily trading volume, of 4,243 shares, the days-to-cover ratio is presently 0.3 days.

Stardust Power Price Performance

Shares of SDSTW stock opened at $0.08 on Friday. Stardust Power has a 52 week low of $0.05 and a 52 week high of $0.30. The firm has a 50 day moving average of $0.10 and a 200-day moving average of $0.13.

Stardust Power Company Profile

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.