Akastor ASA (OTCMKTS:AKKVF – Get Free Report) saw a large increase in short interest in the month of September. As of September 15th, there was short interest totaling 1,600 shares, an increase of 1,500.0% from the August 31st total of 100 shares. Based on an average trading volume of 15,300 shares, the short-interest ratio is currently 0.1 days.
Akastor ASA Stock Performance
Shares of OTCMKTS AKKVF remained flat at $1.42 on Friday. Akastor ASA has a 12 month low of $1.19 and a 12 month high of $1.95. The company has a fifty day moving average of $1.40 and a two-hundred day moving average of $1.49.
About Akastor ASA
Akastor ASA is a Norway-based investment company focused on ownership and development of businesses serving the oilfield services and offshore energy industries. The company seeks to create value through active ownership, strategic portfolio management and investments in industrial companies with international operations.
Akastor’s portfolio has included businesses providing drilling equipment, offshore services and related technologies. Its principal industrial investment is HMH, a joint venture with Baker Hughes that develops and supplies drilling equipment and technology for offshore and onshore oil and gas operations.
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