Akastor ASA (OTCMKTS:AKKVF – Get Free Report) saw a large decline in short interest in the month of May. As of May 15th, there was short interest totaling 9,932 shares, a decline of 63.0% from the April 30th total of 26,837 shares. Based on an average daily trading volume, of 4,546 shares, the short-interest ratio is currently 2.2 days.
Akastor ASA Price Performance
Shares of OTCMKTS AKKVF opened at $1.80 on Monday. The business’s 50 day moving average is $1.61 and its two-hundred day moving average is $1.14. Akastor ASA has a 12 month low of $1.30 and a 12 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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