Nel ASA (OTCMKTS:NLLSF – Get Free Report) was the target of a large decrease in short interest in August. As of August 31st, there was short interest totaling 930,162 shares, a decrease of 48.3% from the August 15th total of 1,797,460 shares. Based on an average daily trading volume, of 6,345 shares, the short-interest ratio is currently 146.6 days.
Nel ASA Price Performance
OTCMKTS:NLLSF remained flat at $0.21 during mid-day trading on Tuesday. 200 shares of the company’s stock were exchanged, compared to its average volume of 30,885. Nel ASA has a 12-month low of $0.05 and a 12-month high of $0.43. The firm’s 50 day moving average is $0.19 and its two-hundred day moving average is $0.24.
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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