Akastor ASA (OTCMKTS:AKRYY – Get Free Report) was the target of a significant increase in short interest in April. As of April 30th, there was short interest totaling 4,175 shares, an increase of 4,033.7% from the April 15th total of 101 shares. Based on an average daily trading volume, of 1,841 shares, the days-to-cover ratio is currently 2.3 days.
Akastor ASA Stock Performance
Shares of Akastor ASA stock remained flat at $9.50 on Monday. The stock had a trading volume of 5,028 shares, compared to its average volume of 1,771. Akastor ASA has a 1-year low of $4.80 and a 1-year high of $11.95. The stock’s fifty day moving average is $8.79 and its 200 day moving average is $7.00.
About Akastor ASA
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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