Akastor ASA (OTCMKTS:AKRYY) Sees Significant Growth in Short Interest

Akastor ASA (OTCMKTS:AKRYY) was the target of a significant growth in short interest during the month of September. As of September 30th, there was short interest totaling 200 shares, a growth of 100.0% from the September 15th total of 100 shares. Based on an average daily trading volume, of 1,900 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily trading volume, of 1,900 shares, the days-to-cover ratio is currently 0.1 days.

Akastor ASA Price Performance

OTCMKTS:AKRYY opened at $4.80 on Tuesday. The business has a fifty day simple moving average of $5.90 and a two-hundred day simple moving average of $6.17. Akastor ASA has a 1 year low of $4.80 and a 1 year high of $12.09.

Akastor ASA Company Profile

Akastor ASA operates as an oilfield services investment company in Norway and internationally. The company offers vessel-based subsea well construction and intervention services to the oil and gas industry. It also provides anchor handling, towing, and supply services to offshore oil and gas fields. In addition, the company offers a range of offshore drilling equipment products and packages.