Hexagon Composites ASA (OTCMKTS:HXGCF) Short Interest Up 75.2% in March

Hexagon Composites ASA (OTCMKTS:HXGCF) saw a significant growth in short interest in March. As of March 15th, there was short interest totalling 444,900 shares, a growth of 75.2% from the February 28th total of 253,900 shares. Based on an average daily volume of 7,600 shares, the short-interest ratio is currently 58.5 days.

Hexagon Composites ASA Stock Performance

Hexagon Composites ASA stock opened at $1.95 on Monday. Hexagon Composites ASA has a fifty-two week low of $1.41 and a fifty-two week high of $4.36. The stock’s 50-day moving average price is $2.33.

Hexagon Composites ASA Company Profile

Hexagon Composites ASA, together with its subsidiaries, engages in the manufacture and sale of composite pressure cylinders and fuel systems for alternative fuels worldwide. The company operates through Hexagon Agility, Hexagon Ragasco, and Hexagon Digital Wave segments. The Hexagon Agility segment provides clean fuel solutions for commercial vehicles, passenger vehicles, and gaseous energy transportation; and gas distribution solutions.