Archer Limited (OTCMKTS:ARHVF – Get Free Report) saw a significant decrease in short interest during the month of September. As of September 15th, there was short interest totaling 580 shares, a decrease of 96.5% from the August 31st total of 16,774 shares. Based on an average daily volume of 308 shares, the short-interest ratio is currently 1.9 days.
Archer Stock Performance
Shares of OTCMKTS ARHVF remained flat at $2.40 during midday trading on Thursday. The stock had a trading volume of 100 shares, compared to its average volume of 1,417. The stock has a fifty day simple moving average of $2.51 and a 200-day simple moving average of $2.65. Archer has a one year low of $2.00 and a one year high of $3.17.
Archer Company Profile
Archer Materials Limited, which trades in the U.S. over-the-counter market under the symbol ARHVF, is an Australian technology company developing advanced materials and quantum technology applications. The company focuses on materials that may support next-generation computing, sensing and medical technologies.
Archer’s principal projects include its 12CQ quantum computing technology, which is designed around carbon-based materials for potential room-temperature quantum computing applications, and its Biochip platform, which is intended for electronic biosensing and diagnostic uses.
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