Akastor ASA (OTCMKTS:AKRYY – Get Free Report) saw a large drop in short interest in July. As of July 15th, there was short interest totaling 225 shares, a drop of 42.3% from the June 30th total of 390 shares. Based on an average trading volume of 1,108 shares, the short-interest ratio is presently 0.2 days.
Akastor ASA Stock Performance
AKRYY opened at $9.20 on Friday. The business’s 50-day simple moving average is $9.44 and its 200 day simple moving average is $8.57. Akastor ASA has a 52-week low of $4.80 and a 52-week high of $11.95.
About Akastor ASA
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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