Aker ASA (OTCMKTS:AKAAF) Sees Significant Increase in Short Interest

Aker ASA (OTCMKTS:AKAAF – Get Rating) was the target of a significant growth in short interest during the month of December. As of December 30th, there was short interest totalling 58,000 shares, a growth of 5.1% from the December 15th total of 55,200 shares. Based on an average trading volume of 100 shares, the short-interest ratio is currently 580.0 days.

Aker ASA Trading Down 3.2 %

Shares of AKAAF stock opened at $72.95 on Monday. The business’s 50 day simple moving average is $73.95 and its 200 day simple moving average is $73.70. Aker ASA has a one year low of $67.25 and a one year high of $102.50.

Aker ASA Company Profile

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Aker ASA operates as an industrial investment company in Norway, the European Union, North America, South America, Asia, and internationally. It operates in two segments, Industrial Holdings and Financial Investments. The company engages in the exploration and production of oil and gas; provides solutions, products, and services to the energy industry; develops and delivers technologies to drilling market; holds oil reserves; and harvests, develops, markets, and sells krill-based ingredients and product for nutraceutical, aquaculture, and animal feed applications.