Ilika plc (OTCMKTS:ILIKF) Sees Significant Decrease in Short Interest

Ilika plc (OTCMKTS:ILIKF) was the recipient of a significant decrease in short interest during the month of August. As of August 14th, there was short interest totaling 3,694 shares, a decrease of 81.7% from the July 30th total of 20,193 shares. Based on an average daily volume of 55,270 shares, the days-to-cover ratio is presently 0.1 days.

Ilika Stock Performance

OTCMKTS ILIKF traded up $0.00 during trading hours on Wednesday, hitting $0.35. 800 shares of the company’s stock were exchanged, compared to its average volume of 43,183. The business’s 50 day moving average is $0.37 and its 200-day moving average is $0.40. Ilika has a 12-month low of $0.30 and a 12-month high of $0.69.

About Ilika

Ilika plc is a UK?based technology company founded in 2004 as a spin?out from the University of Southampton. The company specializes in the research, development and commercialization of solid?state battery technology, aiming to deliver safer, more robust energy storage solutions compared with conventional lithium?ion chemistries. Headquartered in Southampton with a manufacturing and scale?up facility at the Materials Innovation Factory in Cheshire, Ilika applies thin?film processing techniques to create wafer?level batteries designed for integration into miniature devices.

At the core of Ilika’s product portfolio is the Stereax range of all?solid?state micro?batteries.