Short Interest in Aker ASA (OTCMKTS:AKAAF) Drops By 11.9%

Aker ASA (OTCMKTS:AKAAF) saw a significant decline in short interest in September. As of September 30th, there was short interest totalling 31,800 shares, a decline of 11.9% from the September 15th total of 36,100 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is currently 318.0 days.

Aker ASA Stock Performance

Shares of AKAAF opened at $49.65 on Thursday. The stock’s 50-day moving average is $50.59 and its two-hundred day moving average is $53.83. Aker ASA has a 12 month low of $49.65 and a 12 month high of $49.65.

Aker ASA Company Profile

Aker ASA operates as an industrial investment company in Norway, the European Union, North America, South America, Asia, and internationally. The company operates in two segments: Industrial Holdings and Financial Investments. It harvests, develops, markets, and sells krill-based ingredients and products, such as Superba Krill Oil, a phospholipid-based omega-3 dietary supplement, and Kori, an omega-3 supplement for consumers; QRILL Aqua, an ingredient for the aquaculture industry; and QRILL Pet, an omega-3 ingredient for pet food.