Aker ASA (OTCMKTS:AKAAF) Sees Significant Decrease in Short Interest

Aker ASA (OTCMKTS:AKAAF) was the recipient of a large decline in short interest during the month of November. As of November 15th, there was short interest totalling 7,000 shares, a decline of 58.1% from the October 31st total of 16,700 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Aker ASA Price Performance

AKAAF stock remained flat at $49.65 during trading on Friday. The firm has a 50 day moving average price of $49.69 and a 200-day moving average price of $51.99. Aker ASA has a 1 year low of $49.65 and a 1 year high of $49.65.

About Aker ASA

Aker ASA operates as an industrial investment company in Norway, the European Union, North America, South America, Asia, and internationally. The company operates in two segments: Industrial Holdings and Financial Investments. It harvests, develops, markets, and sells krill-based ingredients and products, such as Superba Krill Oil, a phospholipid-based omega-3 dietary supplement, and Kori, an omega-3 supplement for consumers; QRILL Aqua, an ingredient for the aquaculture industry; and QRILL Pet, an omega-3 ingredient for pet food.