Elkem ASA (OTCMKTS:ELKEF) Short Interest Up 204.2% in February

Elkem ASA (OTCMKTS:ELKEF) was the recipient of a large growth in short interest in February. As of February 15th, there was short interest totalling 526,300 shares, a growth of 204.2% from the January 31st total of 173,000 shares. Based on an average daily volume of 100 shares, the short-interest ratio is currently 5,263.0 days.

Elkem ASA Price Performance

ELKEF remained flat at $2.06 during midday trading on Friday. Elkem ASA has a 52 week low of $1.65 and a 52 week high of $2.30. The firm has a fifty day moving average of $1.78 and a 200 day moving average of $1.74.

Elkem ASA Company Profile

Elkem ASA engages in the provision of advanced material solutions worldwide. It operates through three segments: Silicones, Silicon Products, and Carbon Solutions. The company offers silicones polymers, including silicone oils, compounds, emulsions, grease, and resins, as well as chlorosilanes, heat cured rubber silicone, liquid silicone rubber, and RTV-1 and RTV-2 silicones.