Shares of solid-state battery developer QuantumScape Corp QS jumped sharply Tuesday in a session marked by heavy trading volume but a lack of fresh company-specific news. The stock’s upward momentum appears to be a delayed reaction to a key production announcement from late June.

What To Know: Investors appear to be continuing to rally behind the company’s late-June disclosure of the successful integration of its advanced Cobra separator process into its baseline cell production.

This manufacturing milestone is a critical step for the solid-state battery developer as it progresses toward large-scale commercialization of its innovative battery technology.

The Cobra process is a leap forward, designed to enable faster and more energy-efficient production of the company's proprietary ceramic separators, a core component of its lithium-metal batteries.

According to QuantumScape, the new process boasts a 25-fold improvement in the speed of heat treatment compared to the prior-generation "Raptor" process.

Dr. Siva Sivaram, CEO of QuantumScape, highlighted the development’s importance, stating, “By significantly improving throughput and shrinking the equipment footprint, Cobra gives us a powerful path forward for commercializing our next-generation battery technology.”

This leap in manufacturing efficiency is likely being viewed by investors as a crucial step toward establishing a scalable gigafactory production line.

Trading Volume Data: According to data from Benzinga Pro, QuantumScape experienced exceptionally high trading volume on Tuesday, with 72.36 million shares changing hands. This is more than three and a half times its 100-day average volume of 20.386 million shares.

Additionally, the stock has significant short interest, with 15.45% of its 442.245 million-share float currently sold short.

QS Price Action: Quantumscape shares closed Tuesday up 16.69% to $8.18. The stock has a 52-week high of $9.52 and a 52-week low of $3.40.

This latest spike is part of a larger upward trend, with the stock climbing over 25% in the last five days and an impressive 88% over the past month.

Read Also: QuantumScape Stock Is Surging After The Bell: What’s Fueling The Move?

How To Buy QS Stock

Besides going to a brokerage platform to purchase a share — or fractional share — of stock, you can also gain access to shares either by buying an exchange traded fund (ETF) that holds the stock itself, or by allocating yourself to a strategy in your 401(k) that would seek to acquire shares in a mutual fund or other instrument.

For example, QuantumScape is in the Consumer Discretionary sector. An ETF will likely hold shares in many liquid and large companies that help track that sector, allowing an investor to gain exposure to the trends within that segment.

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