Akastor ASA (OTCMKTS:AKKVF – Get Free Report) was the recipient of a significant increase in short interest during the month of June. As of June 15th, there was short interest totaling 2,311 shares, an increase of 470.6% from the May 31st total of 405 shares. Based on an average daily volume of 10,687 shares, the short-interest ratio is presently 0.2 days.
Akastor ASA Stock Performance
Shares of Akastor ASA stock opened at $1.31 on Friday. The business has a 50-day moving average price of $1.62 and a 200 day moving average price of $1.23. Akastor ASA has a twelve month low of $1.19 and a twelve month high of $1.95.
Akastor ASA Company Profile
Akastor ASA is an Oslo-based industrial investment company dedicated to the offshore energy sector, with a primary focus on oilfield services. Formed in 2014 as a spin-off from Aker Solutions, the company seeks to build and support businesses that deliver critical services to upstream oil and gas operators around the world.
At the core of Akastor’s portfolio is its drilling services arm, which provides drilling rigs, downhole tools and campaign management through its subsidiary Archer.
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