Akastor ASA (OTCMKTS:AKRYY – Get Free Report) saw a significant decrease in short interest in May. As of May 29th, there was short interest totaling 279 shares, a decrease of 36.4% from the May 14th total of 439 shares. Based on an average daily volume of 156 shares, the short-interest ratio is presently 1.8 days.
Akastor ASA Stock Performance
OTCMKTS:AKRYY opened at $8.81 on Wednesday. The stock’s fifty day moving average is $9.54 and its two-hundred day moving average is $7.79. Akastor ASA has a 52 week low of $4.80 and a 52 week high of $11.95.
About Akastor ASA
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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