Akastor ASA (OTCMKTS:AKKVF – Get Free Report) was the target of a significant growth in short interest during the month of June. As of June 15th, there was short interest totaling 2,311 shares, a growth of 470.6% from the May 31st total of 405 shares. Based on an average daily volume of 10,687 shares, the days-to-cover ratio is presently 0.2 days.
Akastor ASA Stock Up 3.1%
Shares of OTCMKTS:AKKVF opened at $1.31 on Friday. Akastor ASA has a 12 month low of $1.19 and a 12 month high of $1.95. The company has a 50-day moving average price of $1.63 and a 200 day moving average price of $1.23.
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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