Aker ASA (OTCMKTS:AKAAF – Get Free Report) was the target of a large drop in short interest during the month of October. As of October 30th, there was short interest totaling 16,853 shares, a drop of 74.4% from the October 15th total of 65,932 shares. Based on an average trading volume of 120 shares, the days-to-cover ratio is presently 140.4 days.
Aker ASA Price Performance
Shares of Aker ASA stock opened at $124.09 on Friday. The business’s 50 day simple moving average is $146.04 and its two-hundred day simple moving average is $125.90. Aker ASA has a one year low of $69.55 and a one year high of $173.85.
About Aker ASA
Aker ASA is a Norwegian industrial investment company with roots dating back to 1841. The company develops and owns businesses through active, long-term ownership, with a focus on industrial companies that operate in energy, maritime industries, seafood, software and digitalization, and related technology sectors. Aker’s investment portfolio has included interests in oil and gas production, offshore and marine engineering, renewable and low-carbon energy, aquaculture, industrial software, and other technology-enabled businesses.
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