Short Interest in Atlantic Sapphire ASA (OTCMKTS:AASZF) Drops By 45.1%

Atlantic Sapphire ASA (OTCMKTS:AASZF) was the recipient of a large drop in short interest during the month of June. As of June 30th, there was short interest totaling 12,749 shares, a drop of 45.1% from the June 15th total of 23,228 shares. Based on an average trading volume of 4,197 shares, the days-to-cover ratio is currently 3.0 days.

Atlantic Sapphire ASA Stock Performance

AASZF stock opened at C$0.12 on Wednesday. The company’s 50 day moving average is C$0.13 and its 200 day moving average is C$0.36. Atlantic Sapphire ASA has a 1-year low of C$0.06 and a 1-year high of C$1.15.

About Atlantic Sapphire ASA

Atlantic Sapphire ASA, together with its subsidiaries, engages in the land-based salmon farming business. It operates through two segments, Fish Farming (Denmark); and Fish Farming (US). The company is involved in the production and sale of salmon. It operates in the United States, Denmark, and internationally. The company was founded in 2010 and is headquartered in Vikebukt, Norway.