Aker ASA (OTCMKTS:AKAAF) Short Interest Up 129.2% in December

Aker ASA (OTCMKTS:AKAAF) was the target of a significant growth in short interest in the month of December. As of December 15th, there was short interest totaling 4,307 shares, a growth of 129.2% from the November 30th total of 1,879 shares. Based on an average daily volume of 30 shares, the days-to-cover ratio is currently 143.6 days. Based on an average daily volume of 30 shares, the days-to-cover ratio is currently 143.6 days.

Analyst Ratings Changes

Separately, Danske lowered shares of Aker ASA to a “hold” rating in a report on Tuesday, October 7th. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat, the company has an average rating of “Hold”.

Aker ASA Price Performance

Shares of OTCMKTS:AKAAF opened at $69.55 on Monday. Aker ASA has a twelve month low of $66.24 and a twelve month high of $80.75. The stock’s 50 day moving average is $78.51 and its 200-day moving average is $73.06.

Aker ASA Company Profile

Aker ASA is a Norwegian industrial investment company that holds controlling and significant minority stakes in a diversified portfolio of businesses active across energy, maritime, marine biotechnology, digitalization and environmental technology. The company operates primarily through subsidiaries and associated entities, with a focus on developing and strengthening global value chains in both traditional energy markets and emerging sustainable solutions.

Key business activities include oil and gas exploration and production through Aker BP, engineering and technology services via Aker Solutions and Kværner, offshore energy developments with Aker Energy, and marine-sourced health ingredients through Aker BioMarine.