Akastor ASA (OTCMKTS:AKRYY – Get Free Report) saw a significant decline in short interest in the month of July. As of July 15th, there was short interest totaling 225 shares, a decline of 42.3% from the June 30th total of 390 shares. Based on an average daily volume of 1,108 shares, the short-interest ratio is presently 0.2 days.
Akastor ASA Stock Performance
OTCMKTS:AKRYY opened at $9.20 on Thursday. The company’s 50-day moving average is $9.44 and its two-hundred day moving average is $8.55. Akastor ASA has a 1-year low of $4.80 and a 1-year high of $11.95.
Akastor ASA Company Profile
Akastor ASA is a Norway‐based investment company specializing in the global oilfield services sector. Established through a demerger from Aker Solutions in March 2018, Akastor pursues a value‐creation strategy by acquiring and developing high‐quality businesses that provide critical equipment, technology and services to upstream oil and gas operators.
The company’s portfolio comprises fully owned subsidiaries operating across drilling equipment, subsea services and engineering solutions.
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