Nel ASA (OTCMKTS:NLLSF – Get Free Report) saw a large growth in short interest during the month of July. As of July 31st, there was short interest totaling 1,815,459 shares, a growth of 88.8% from the July 15th total of 961,579 shares. Based on an average daily trading volume, of 8,124 shares, the days-to-cover ratio is presently 223.5 days.
Nel ASA Stock Performance
Shares of OTCMKTS NLLSF opened at $0.22 on Friday. Nel ASA has a 12 month low of $0.05 and a 12 month high of $0.43. The company has a 50 day simple moving average of $0.22 and a two-hundred day simple moving average of $0.25.
Nel ASA Company Profile
Nel ASA (OTCMKTS:NLLSF) is a Norwegian company specializing in hydrogen production and distribution solutions. The company develops and manufactures water electrolysers and hydrogen fueling stations designed to enable a scalable hydrogen infrastructure for industrial, energy and mobility applications. With a focus on green hydrogen, Nel ASA supports the transition to cleaner energy by providing technology that produces hydrogen through electrolysis powered by renewable electricity.
Nel’s product portfolio includes both alkaline and proton exchange membrane (PEM) electrolysers, catering to a variety of capacity and purity requirements.
Further Reading
- Five stocks we like better than Nel ASA
- AMG’s Alternatives Boom Powers Record Growth
- Microsoft’s Maia 300 Chip Targets NVIDIA’s AI Dominance
- 3 Unexpected ETFs Crushing the Market This Summer
- Is Best Buy the AI Winner Hiding in the Electronics Aisle?
Receive News & Ratings for Nel ASA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nel ASA and related companies with MarketBeat.com's FREE daily email newsletter.
