Akastor ASA (OTCMKTS:AKRYY) Sees Large Decrease in Short Interest

Akastor ASA (OTCMKTS:AKRYYGet Free Report) was the recipient of a significant decline in short interest during the month of December. As of December 15th, there was short interest totaling 207 shares, a decline of 73.6% from the November 30th total of 785 shares. Based on an average daily trading volume, of 1,822 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily trading volume, of 1,822 shares, the days-to-cover ratio is currently 0.1 days.

Akastor ASA Stock Performance

AKRYY stock opened at $6.03 on Friday. Akastor ASA has a 1-year low of $4.80 and a 1-year high of $12.09. The firm has a fifty day moving average price of $5.67 and a two-hundred day moving average price of $6.09.

Akastor ASA Company Profile

(Get Free Report)

Akastor ASA is a Norway?based investment company specializing in the global oilfield services sector. Established through a demerger from Aker Solutions in March 2018, Akastor pursues a value?creation strategy by acquiring and developing high?quality businesses that provide critical equipment, technology and services to upstream oil and gas operators.

The company’s portfolio comprises fully owned subsidiaries operating across drilling equipment, subsea services and engineering solutions.

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