Short Interest in Akastor ASA (OTCMKTS:AKRYY) Declines By 75.0%

Akastor ASA (OTCMKTS:AKRYYGet Free Report) saw a large decline in short interest in the month of December. As of December 31st, there was short interest totalling 100 shares, a decline of 75.0% from the December 15th total of 400 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is currently ∞ days.

Akastor ASA Price Performance

Shares of Akastor ASA stock remained flat at $10.00 during trading hours on Monday. The stock’s fifty day moving average is $9.34 and its two-hundred day moving average is $8.00. Akastor ASA has a 52-week low of $6.50 and a 52-week high of $12.09.

Akastor ASA Increases Dividend

The firm also recently announced a dividend, which was paid on Monday, December 16th. Investors of record on Tuesday, November 26th were paid a dividend of $2.8177 per share. This is a boost from Akastor ASA’s previous dividend of $0.23. The ex-dividend date was Tuesday, December 17th.

About Akastor ASA

(Get Free Report)

Akastor ASA operates as an oilfield services investment company in Norway and internationally. The company offers vessel-based subsea well construction and intervention services to the oil and gas industry. It also provides anchor handling, towing, and supply services to offshore oil and gas fields. In addition, the company offers a range of offshore drilling equipment products and packages.

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