Ilika plc (OTCMKTS:ILIKF) Shares Shorted: Short Interest Up 144.4% in October

Ilika plc (OTCMKTS:ILIKF – Get Free Report) was the recipient of a large growth in short interest in October. As of October 15th, there was short interest totaling 158,575 shares, a growth of 144.4% from the September 30th total of 64,873 shares. Based on an average daily volume of 108,050 shares, the short-interest ratio is currently 1.5 days.

Ilika Stock Performance

Shares of ILIKF stock opened at $0.29 on Friday. Ilika has a fifty-two week low of $0.23 and a fifty-two week high of $0.62. The business has a fifty day simple moving average of $0.31 and a 200-day simple moving average of $0.38.

About Ilika

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Ilika plc is a United Kingdom-based technology company specializing in solid-state battery technology. The company develops thin-film and other solid-state batteries designed to provide high energy density, improved safety, and compact form factors compared with conventional liquid-electrolyte batteries.

Ilika’s product development activities include Stereax microbatteries, which are intended for applications such as medical implants, industrial sensors, and the Internet of Things. The company also develops Goliath large-format solid-state batteries for potential use in electric vehicles, power tools, and other high-performance applications.

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