Akastor ASA (OTCMKTS:AKRYY) Sees Large Increase in Short Interest

Akastor ASA (OTCMKTS:AKRYYGet Free Report) saw a large growth in short interest during the month of August. As of August 14th, there was short interest totaling 127 shares, a growth of 122.8% from the July 30th total of 57 shares. Based on an average trading volume of 896 shares, the short-interest ratio is presently 0.1 days.

Akastor ASA Price Performance

AKRYY opened at $9.19 on Friday. The business’s fifty day simple moving average is $9.30 and its 200 day simple moving average is $8.97. Akastor ASA has a 52 week low of $4.80 and a 52 week high of $11.95.

About Akastor ASA

(Get Free Report)

Akastor ASA is a Norway?based investment company specializing in the global oilfield services sector. Established through a demerger from Aker Solutions in March 2018, Akastor pursues a value?creation strategy by acquiring and developing high?quality businesses that provide critical equipment, technology and services to upstream oil and gas operators.

The company’s portfolio comprises fully owned subsidiaries operating across drilling equipment, subsea services and engineering solutions.

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