Short Interest in Akastor ASA (OTCMKTS:AKRYY) Rises By 87.1%

Akastor ASA (OTCMKTS:AKRYYGet Free Report) saw a large growth in short interest during the month of June. As of June 15th, there was short interest totaling 522 shares, a growth of 87.1% from the May 31st total of 279 shares. Based on an average trading volume of 153 shares, the short-interest ratio is presently 3.4 days.

Akastor ASA Trading Down 5.8%

AKRYY stock opened at $9.20 on Thursday. Akastor ASA has a 52-week low of $4.80 and a 52-week high of $11.95. The business has a 50-day simple moving average of $9.61 and a two-hundred day simple moving average of $8.10.

About Akastor ASA

(Get Free Report)

Akastor ASA is a Norway‐based investment company specializing in the global oilfield services sector. Established through a demerger from Aker Solutions in March 2018, Akastor pursues a value‐creation strategy by acquiring and developing high‐quality businesses that provide critical equipment, technology and services to upstream oil and gas operators.

The company’s portfolio comprises fully owned subsidiaries operating across drilling equipment, subsea services and engineering solutions.

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