Nel ASA (OTCMKTS:NLLSF) Short Interest Down 19.2% in November

Nel ASA (OTCMKTS:NLLSF) saw a large drop in short interest in November. As of November 30th, there was short interest totalling 22,455,100 shares, a drop of 19.2% from the November 15th total of 27,805,700 shares. Based on an average daily volume of 80,000 shares, the short-interest ratio is currently 280.7 days.

Nel ASA Stock Performance

Shares of OTCMKTS:NLLSF traded down $0.00 during trading hours on Monday, hitting $0.28. 16,300 shares of the company’s stock traded hands, compared to its average volume of 32,446. Nel ASA has a 52 week low of $0.26 and a 52 week high of $0.87. The company’s fifty day simple moving average is $0.35 and its two-hundred day simple moving average is $0.48.

Nel ASA Company Profile

Nel ASA, a hydrogen company, provides various solutions to produce, store, and distribute hydrogen from renewable energy in Norway and internationally. The company operates in two segments, Nel Hydrogen Fueling and Nel Hydrogen Electrolyser. The Nel Hydrogen Fueling segment manufactures hydrogen fueling stations for fuel cell electric vehicles, such as cars, buses, trucks, and other on-road vehicles.