SalMar ASA (OTCMKTS:SALRF) Short Interest Up 17.6% in October

SalMar ASA (OTCMKTS:SALRF) was the target of a large growth in short interest in the month of October. As of October 31st, there was short interest totalling 182,300 shares, a growth of 17.6% from the October 15th total of 155,000 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is presently 1,823.0 days.

SalMar ASA Price Performance

OTCMKTS:SALRF remained flat at $51.06 during midday trading on Friday. SalMar ASA has a fifty-two week low of $46.03 and a fifty-two week high of $64.08. The business’s 50 day moving average price is $50.72 and its 200 day moving average price is $55.33.

About SalMar ASA

SalMar ASA, an aquaculture company, produces and sells farmed salmon in Asia, North America, Europe, and internationally. The company operates through Fish Farming Central Norway, Fish Farming Northern Norway, Icelandic Salmon, Sales & Industry, and SalMar Aker Ocean segments. It is involved in the broodstock, harvesting, processing, and smolt production activities.