Aker ASA (OTCMKTS:AKAAF) Sees Significant Drop in Short Interest

Aker ASA (OTCMKTS:AKAAF) was the target of a significant decline in short interest during the month of November. As of November 15th, there was short interest totalling 7,000 shares, a decline of 58.1% from the October 31st total of 16,700 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is presently ∞ days.

Aker ASA Stock Performance

Shares of OTCMKTS AKAAF opened at $49.65 on Friday. Aker ASA has a 52-week low of $49.65 and a 52-week high of $49.65. The firm’s 50 day moving average price is $49.66 and its 200-day moving average price is $51.93.

About Aker ASA

Aker ASA operates as an industrial investment company in Norway, the European Union, North America, South America, Asia, and internationally. The company operates in two segments: Industrial Holdings and Financial Investments. It harvests, develops, markets, and sells krill-based ingredients and products, such as Superba Krill Oil, a phospholipid-based omega-3 dietary supplement, and Kori, an omega-3 supplement for consumers; QRILL Aqua, an ingredient for the aquaculture industry; and QRILL Pet, an omega-3 ingredient for pet food.