Hexagon Composites ASA (OTCMKTS:HXGCF) Short Interest Update

Hexagon Composites ASA (OTCMKTS:HXGCF) saw a large decline in short interest in the month of January. As of January 15th, there was short interest totalling 4,700 shares, a decline of 73.3% from the December 31st total of 17,600 shares. Based on an average trading volume of 900 shares, the days-to-cover ratio is presently 5.2 days.

Hexagon Composites ASA Stock Performance

Hexagon Composites ASA stock remained flat at $3.38 during mid-day trading on Wednesday. The business has a fifty day moving average of $3.77 and a two-hundred day moving average of $3.93. Hexagon Composites ASA has a twelve month low of $1.41 and a twelve month high of $4.36.

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.