Ilika plc (OTCMKTS:ILIKF) Sees Large Increase in Short Interest

Ilika plc (OTCMKTS:ILIKF) was the recipient of a large increase in short interest in September. As of September 30th, there was short interest totaling 64,873 shares, an increase of 128.8% from the September 15th total of 28,358 shares. Based on an average trading volume of 90,588 shares, the short-interest ratio is currently 0.7 days.

Ilika Stock Up 2.3%

OTCMKTS ILIKF traded up $0.01 during trading on Thursday, reaching $0.28. 5,520 shares of the company traded hands, compared to its average volume of 44,933. The stock’s 50 day moving average price is $0.32 and its two-hundred day moving average price is $0.38. Ilika has a 1-year low of $0.23 and a 1-year high of $0.67.

About Ilika

Ilika plc is a United Kingdom-based technology company specializing in solid-state battery technology. The company develops thin-film and other solid-state batteries designed to provide high energy density, improved safety, and compact form factors compared with conventional liquid-electrolyte batteries.

Ilika’s product development activities include Stereax microbatteries, which are intended for applications such as medical implants, industrial sensors, and the Internet of Things. The company also develops Goliath large-format solid-state batteries for potential use in electric vehicles, power tools, and other high-performance applications.