Short Interest in Elkem ASA (OTCMKTS:ELKEF) Expands By 25.5%

Elkem ASA (OTCMKTS:ELKEF) was the target of a large increase in short interest in the month of February. As of February 27th, there was short interest totaling 764,787 shares, an increase of 25.5% from the February 12th total of 609,281 shares. Based on an average trading volume of 0 shares, the short-interest ratio is presently ∞ days. Based on an average trading volume of 0 shares, the short-interest ratio is presently ∞ days.

Elkem ASA Stock Performance

OTCMKTS:ELKEF opened at $3.10 on Monday. The firm’s fifty day simple moving average is $2.92 and its 200 day simple moving average is $2.67. Elkem ASA has a twelve month low of $2.85 and a twelve month high of $3.10.

Elkem ASA Company Profile

Elkem ASA is a Norway‐based company specializing in the production and development of advanced materials derived primarily from silicon, carbon, and microsilica. The company supplies a wide range of industries, including automotive, electronics, construction, energy, and environmental applications. Its product portfolio is designed to enhance material performance, energy efficiency, and sustainability across diverse end markets.

Key products and services offered by Elkem include silicones, which serve sectors such as personal care, automotive seals, and electronics encapsulation; silicon alloys such as ferrosilicon and silicon metal used in aluminum and steel production; and microsilica, a highly reactive silica fume used to improve concrete strength and durability.