Hexagon Composites ASA (OTCMKTS:HXGCF) Short Interest Update

Hexagon Composites ASA (OTCMKTS:HXGCF) saw a large decline in short interest in the month of December. As of December 31st, there was short interest totalling 4,700 shares, a decline of 73.3% from the December 15th total of 17,600 shares. Based on an average trading volume of 900 shares, the days-to-cover ratio is presently 5.2 days.

Hexagon Composites ASA Price Performance

Shares of HXGCF traded down $0.09 during trading hours on Monday, hitting $3.64. The company had a trading volume of 4,700 shares, compared to its average volume of 2,400. The business has a fifty day moving average of $4.00 and a 200-day moving average of $3.97. Hexagon Composites ASA has a 12 month low of $1.41 and a 12 month high of $4.36.

About Hexagon Composites ASA

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.