Akastor ASA (OTCMKTS:AKKVF – Get Free Report) saw a large decrease in short interest in May. As of May 29th, there was short interest totaling 405 shares, a decrease of 95.9% from the May 14th total of 9,932 shares. Based on an average daily volume of 112 shares, the days-to-cover ratio is currently 3.6 days.
Akastor ASA Price Performance
AKKVF stock opened at $1.58 on Thursday. The company’s 50-day moving average is $1.64 and its 200-day moving average is $1.19. Akastor ASA has a 1 year low of $1.30 and a 1 year high of $1.95.
Akastor ASA Company Profile
Akastor ASA is an Oslo-based industrial investment company dedicated to the offshore energy sector, with a primary focus on oilfield services. Formed in 2014 as a spin-off from Aker Solutions, the company seeks to build and support businesses that deliver critical services to upstream oil and gas operators around the world.
At the core of Akastor’s portfolio is its drilling services arm, which provides drilling rigs, downhole tools and campaign management through its subsidiary Archer.
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