Akastor ASA (OTCMKTS:AKRYY – Get Free Report) saw a significant increase in short interest in the month of August. As of August 31st, there was short interest totaling 232 shares, an increase of 82.7% from the August 15th total of 127 shares. Based on an average daily trading volume, of 963 shares, the days-to-cover ratio is currently 0.2 days.
Akastor ASA Price Performance
Akastor ASA stock opened at $8.74 on Wednesday. The firm has a fifty day moving average of $9.23 and a 200-day moving average of $9.18. Akastor ASA has a 52-week low of $4.80 and a 52-week high of $11.95.
Akastor ASA Company Profile
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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