Nel ASA (OTCMKTS:NLLSF – Get Free Report) was the recipient of a large decline in short interest during the month of August. As of August 31st, there was short interest totaling 930,162 shares, a decline of 48.3% from the August 15th total of 1,797,460 shares. Based on an average daily volume of 6,345 shares, the days-to-cover ratio is presently 146.6 days.
Nel ASA Price Performance
Shares of OTCMKTS:NLLSF remained flat at $0.21 during trading on Tuesday. 200 shares of the stock traded hands, compared to its average volume of 30,885. Nel ASA has a 12 month low of $0.05 and a 12 month high of $0.43. The company’s fifty day moving average is $0.19 and its 200-day moving average is $0.24.
Nel ASA Company Profile
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.
See Also
- Five stocks we like better than Nel ASA
- Ready to Rumble: Anthropic Rings the AI Bell
- Breaking Down the Impact of the CHIPS Funding Deal for Quantum Firms
- Could Dave & Buster’s Capitulation Signal the Bottom Is Finally In?
- A Sub-20 P/E on GOOGL? The Market May Be Missing Something
Receive News & Ratings for Nel ASA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nel ASA and related companies with MarketBeat.com's FREE daily email newsletter.
