Akastor ASA (OTCMKTS:AKRYY – Get Free Report) was the recipient of a significant increase in short interest in the month of August. As of August 31st, there was short interest totaling 232 shares, an increase of 82.7% from the August 15th total of 127 shares. Based on an average daily volume of 963 shares, the days-to-cover ratio is presently 0.2 days.
Akastor ASA Stock Down 6.0%
Shares of AKRYY stock opened at $8.74 on Wednesday. Akastor ASA has a one year low of $4.80 and a one year high of $11.95. The company has a 50 day moving average price of $9.23 and a 200 day moving average price of $9.18.
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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