Ilika plc (OTCMKTS:ILIKF) Sees Significant Growth in Short Interest

Ilika plc (OTCMKTS:ILIKFGet Free Report) saw a large growth in short interest in the month of May. As of May 29th, there was short interest totaling 13,267 shares, a growth of 256.3% from the May 14th total of 3,724 shares. Based on an average daily volume of 185,542 shares, the short-interest ratio is currently 0.1 days.

Ilika Stock Performance

OTCMKTS ILIKF traded up $0.01 on Friday, hitting $0.43. 35,917 shares of the company’s stock were exchanged, compared to its average volume of 50,576. The firm’s 50-day moving average price is $0.44 and its two-hundred day moving average price is $0.45. Ilika has a fifty-two week low of $0.30 and a fifty-two week high of $0.69.

About Ilika

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Ilika plc is a UK‐based technology company founded in 2004 as a spin‐out from the University of Southampton. The company specializes in the research, development and commercialization of solid‐state battery technology, aiming to deliver safer, more robust energy storage solutions compared with conventional lithium‐ion chemistries. Headquartered in Southampton with a manufacturing and scale‐up facility at the Materials Innovation Factory in Cheshire, Ilika applies thin‐film processing techniques to create wafer‐level batteries designed for integration into miniature devices.

At the core of Ilika’s product portfolio is the Stereax range of all‐solid‐state micro‐batteries.

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