Hexagon Composites ASA (OTCMKTS:HXGCF) Short Interest Update

Hexagon Composites ASA (OTCMKTS:HXGCF) was the target of a significant increase in short interest during the month of January. As of January 31st, there was short interest totalling 66,500 shares, an increase of 2,670.8% from the January 15th total of 2,400 shares. Based on an average trading volume of 1,500 shares, the short-interest ratio is presently 44.3 days.

Hexagon Composites ASA Stock Performance

Shares of Hexagon Composites ASA stock traded down $0.09 during trading on Wednesday, reaching $3.08. The company’s stock had a trading volume of 11,900 shares, compared to its average volume of 2,750. The company has a 50-day moving average price of $3.49 and a two-hundred day moving average price of $3.87. Hexagon Composites ASA has a fifty-two week low of $1.41 and a fifty-two week high of $4.36.

Hexagon Composites ASA Company Profile

Hexagon Composites ASA, together with its subsidiaries, engages in the manufacture and sale of composite pressure cylinders and fuel systems for alternative fuels worldwide. The company operates through Hexagon Agility, Hexagon Ragasco, and Hexagon Digital Wave segments. The Hexagon Agility segment provides clean fuel solutions for commercial vehicles, passenger vehicles, and gaseous energy transportation; and gas distribution solutions.