Ilika plc (OTCMKTS:ILIKF – Get Free Report) saw a large increase in short interest in the month of August. As of August 31st, there was short interest totalling 15,400 shares, an increase of 12.4% from the August 15th total of 13,700 shares. Based on an average daily volume of 122,600 shares, the days-to-cover ratio is presently 0.1 days.
Ilika Stock Down 4.7 %
Shares of ILIKF stock traded down $0.02 on Tuesday, reaching $0.48. The stock had a trading volume of 85,607 shares, compared to its average volume of 61,668. The firm’s 50-day moving average is $0.53 and its two-hundred day moving average is $0.53. Ilika has a 12 month low of $0.25 and a 12 month high of $0.90.
Analyst Upgrades and Downgrades
Separately, Berenberg Bank dropped their target price on shares of Ilika from GBX 125 ($1.55) to GBX 120 ($1.49) in a report on Tuesday, May 23rd.
About Ilika
Ilika plc designs, develops, and produces solid-state batteries under the Stereax name primarily in the United Kingdom, Asia, Europe, and North America. The company offers batteries for a range of applications in the industrial Internet of Things, MedTech, transportation, electric vehicles, and cordless consumer appliances.
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