Aker ASA (OTCMKTS:AKAAF – Get Free Report) was the recipient of a large drop in short interest in the month of October. As of October 30th, there was short interest totaling 16,853 shares, a drop of 74.4% from the October 15th total of 65,932 shares. Based on an average daily volume of 120 shares, the short-interest ratio is currently 140.4 days.
Aker ASA Stock Performance
Aker ASA stock opened at $124.09 on Friday. Aker ASA has a fifty-two week low of $69.55 and a fifty-two week high of $173.85. The firm has a 50 day moving average price of $145.07 and a 200 day moving average price of $126.11.
Aker ASA Company Profile
Aker ASA is a Norwegian industrial investment company with roots dating back to 1841. The company develops and owns businesses through active, long-term ownership, with a focus on industrial companies that operate in energy, maritime industries, seafood, software and digitalization, and related technology sectors. Aker’s investment portfolio has included interests in oil and gas production, offshore and marine engineering, renewable and low-carbon energy, aquaculture, industrial software, and other technology-enabled businesses.
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