Aker ASA (OTCMKTS:AKAAF) Sees Significant Increase in Short Interest

Aker ASA (OTCMKTS:AKAAF) was the target of a large growth in short interest in the month of February. As of February 15th, there was short interest totalling 9,500 shares, a growth of 61.0% from the January 31st total of 5,900 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is currently 95.0 days.

Aker ASA Price Performance

OTCMKTS:AKAAF opened at $47.75 on Tuesday. The company has a 50 day moving average price of $47.58 and a 200-day moving average price of $49.11. Aker ASA has a 1-year low of $45.81 and a 1-year high of $49.65.

Aker ASA Company Profile

Aker ASA operates as an industrial investment company in Norway, the European Union, North America, South America, Asia, and internationally. The company operates in two segments: Industrial Holdings and Financial Investments. It harvests, develops, markets, and sells krill-based ingredients and products, such as Superba Krill Oil, a phospholipid-based omega-3 dietary supplement, and Kori, an omega-3 supplement for consumers; QRILL Aqua, an ingredient for the aquaculture industry; and QRILL Pet, an omega-3 ingredient for pet food.