Nel ASA (OTCMKTS:NLLSF – Get Free Report) was the target of a significant increase in short interest during the month of July. As of July 31st, there was short interest totaling 1,815,459 shares, an increase of 88.8% from the July 15th total of 961,579 shares. Based on an average daily volume of 8,124 shares, the short-interest ratio is currently 223.5 days.
Nel ASA Stock Performance
Shares of OTCMKTS:NLLSF opened at $0.22 on Tuesday. Nel ASA has a 1-year low of $0.05 and a 1-year high of $0.43. The company has a 50 day moving average price of $0.22 and a 200 day moving average price of $0.25.
About Nel ASA
Nel ASA (OTCMKTS:NLLSF) is a Norwegian company specializing in hydrogen production and distribution solutions. The company develops and manufactures water electrolysers and hydrogen fueling stations designed to enable a scalable hydrogen infrastructure for industrial, energy and mobility applications. With a focus on green hydrogen, Nel ASA supports the transition to cleaner energy by providing technology that produces hydrogen through electrolysis powered by renewable electricity.
Nel’s product portfolio includes both alkaline and proton exchange membrane (PEM) electrolysers, catering to a variety of capacity and purity requirements.
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