Nel ASA (OTCMKTS:NLLSF) Short Interest Update

Nel ASA (OTCMKTS:NLLSF) was the recipient of a significant drop in short interest in January. As of January 30th, there was short interest totaling 11,300,550 shares, a drop of 12.7% from the January 15th total of 12,937,190 shares. Based on an average daily trading volume, of 27,742 shares, the short-interest ratio is presently 407.3 days. Based on an average daily trading volume, of 27,742 shares, the short-interest ratio is presently 407.3 days.

Nel ASA Trading Down 9.1%

Shares of OTCMKTS:NLLSF opened at $0.20 on Wednesday. The stock has a fifty day moving average of $0.23 and a 200-day moving average of $0.24. Nel ASA has a one year low of $0.18 and a one year high of $0.34.

About Nel ASA

Nel ASA (OTCMKTS:NLLSF) is a Norwegian company specializing in hydrogen production and distribution solutions. The company develops and manufactures water electrolysers and hydrogen fueling stations designed to enable a scalable hydrogen infrastructure for industrial, energy and mobility applications. With a focus on green hydrogen, Nel ASA supports the transition to cleaner energy by providing technology that produces hydrogen through electrolysis powered by renewable electricity.

Nel’s product portfolio includes both alkaline and proton exchange membrane (PEM) electrolysers, catering to a variety of capacity and purity requirements.