Aker ASA (OTCMKTS:AKAAF) Sees Large Increase in Short Interest

Aker ASA (OTCMKTS:AKAAF) was the recipient of a large increase in short interest during the month of January. As of January 31st, there was short interest totalling 5,900 shares, an increase of 5,800.0% from the January 15th total of 100 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Aker ASA Stock Performance

Shares of Aker ASA stock remained flat at $47.75 during mid-day trading on Wednesday. The stock has a 50-day moving average price of $47.88 and a 200-day moving average price of $49.42. Aker ASA has a 12 month low of $45.81 and a 12 month 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.