Short Interest in Ilika plc (OTCMKTS:ILIKF) Drops By 96.2%

Ilika plc (OTCMKTS:ILIKF) was the recipient of a large decrease in short interest during the month of February. As of February 28th, there was short interest totalling 11,200 shares, a decrease of 96.2% from the February 13th total of 294,500 shares. Based on an average daily trading volume, of 285,600 shares, the days-to-cover ratio is currently 0.0 days.

Ilika Stock Performance

Shares of OTCMKTS ILIKF traded down $0.02 during midday trading on Friday, hitting $0.40. 5,108 shares of the company’s stock were exchanged, compared to its average volume of 118,013. Ilika has a twelve month low of $0.18 and a twelve month high of $0.64. The stock’s 50 day moving average price is $0.41 and its 200-day moving average price is $0.33.

Ilika Company Profile

Ilika plc designs, develops, and produces solid-state batteries under the Stereax name primarily in the United Kingdom, Asia, Europe, and North America. The company offers batteries for a range of applications in the industrial Internet of Things, MedTech, transportation, electric vehicles, and cordless consumer appliances.