Aker ASA (OTCMKTS:AKAAF) Sees Large Growth in Short Interest

Aker ASA (OTCMKTS:AKAAF) saw a significant increase in short interest during the month of December. As of December 31st, there was short interest totaling 8,951 shares, an increase of 107.8% from the December 15th total of 4,307 shares. Based on an average daily volume of 10 shares, the days-to-cover ratio is currently 895.1 days. Based on an average daily volume of 10 shares, the days-to-cover ratio is currently 895.1 days.

Analyst Upgrades and Downgrades

Separately, Danske downgraded Aker ASA to a “hold” rating in a report on Tuesday, October 7th. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Hold”.

Aker ASA Price Performance

Shares of OTCMKTS AKAAF opened at $82.30 on Friday. Aker ASA has a twelve month low of $66.24 and a twelve month high of $82.30. The firm has a fifty day simple moving average of $75.40 and a 200 day simple moving average of $73.53.

About Aker ASA

Aker ASA is a Norwegian industrial investment company that holds controlling and significant minority stakes in a diversified portfolio of businesses active across energy, maritime, marine biotechnology, digitalization and environmental technology. The company operates primarily through subsidiaries and associated entities, with a focus on developing and strengthening global value chains in both traditional energy markets and emerging sustainable solutions.

Key business activities include oil and gas exploration and production through Aker BP, engineering and technology services via Aker Solutions and Kværner, offshore energy developments with Aker Energy, and marine-sourced health ingredients through Aker BioMarine.