Short Interest in Aker ASA (OTCMKTS:AKAAF) Drops By 7.6%

Aker ASA (OTCMKTS:AKAAF) was the target of a large decline in short interest during the month of August. As of August 31st, there was short interest totalling 36,600 shares, a decline of 7.6% from the August 15th total of 39,600 shares. Based on an average trading volume of 0 shares, the short-interest ratio is presently ∞ days.

Aker ASA Price Performance

Shares of AKAAF opened at $50.96 on Tuesday. Aker ASA has a 12-month low of $50.96 and a 12-month high of $65.78. The business has a 50-day simple moving average of $50.96 and a two-hundred day simple moving average of $54.49.

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.