Akastor ASA (OTCMKTS:AKRYY – Get Free Report) saw a significant decline in short interest during the month of December. As of December 15th, there was short interest totalling 400 shares, a decline of 63.6% from the November 30th total of 1,100 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is currently 4.0 days.
Akastor ASA Stock Performance
Akastor ASA stock remained flat at $10.00 during mid-day trading on Thursday. The stock’s 50 day moving average is $9.03 and its 200-day moving average is $7.69. Akastor ASA has a 12-month low of $6.50 and a 12-month high of $12.09.
Akastor ASA Increases Dividend
The firm also recently disclosed a dividend, which was paid on Monday, December 16th. Shareholders of record on Tuesday, November 26th were issued a dividend of $2.8177 per share. This is an increase from Akastor ASA’s previous dividend of $0.23. The ex-dividend date was Tuesday, December 17th.
About Akastor ASA
Akastor ASA operates as an oilfield services investment company in Norway and internationally. The company offers vessel-based subsea well construction and intervention services to the oil and gas industry. It also provides anchor handling, towing, and supply services to offshore oil and gas fields. In addition, the company offers a range of offshore drilling equipment products and packages.
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