SalMar ASA (OTCMKTS:SALRF) Sees Significant Growth in Short Interest

SalMar ASA (OTCMKTS:SALRF) was the recipient of a large increase in short interest during the month of August. As of August 15th, there was short interest totaling 768,800 shares, anincreaseof34.0% from the July 31st total of 573,600 shares. Based on an average daily trading volume, of 1,200 shares, the days-to-cover ratio is currently 640.7 days. Based on an average daily trading volume, of 1,200 shares, the days-to-cover ratio is currently 640.7 days.

SalMar ASA Stock Performance

Shares of SALRF stock opened at $48.00 on Tuesday. The stock’s fifty day moving average price is $44.85 and its 200 day moving average price is $49.06. SalMar ASA has a 1-year low of $40.30 and a 1-year high of $48.69.

About SalMar ASA

SalMar ASA, an aquaculture company, produces and sells farmed salmon in Asia, North America, Europe, and internationally. The company operates through Fish Farming Central Norway, Fish Farming Northern Norway, Icelandic Salmon, Sales & Industry, and SalMar Aker Ocean segments. It is involved in the broodstock, harvesting, processing, and smolt production activities.