Short Interest in Ilika plc (OTCMKTS:ILIKF) Grows By 880.2%

Ilika plc (OTCMKTS:ILIKF) was the recipient of a significant growth in short interest in June. As of June 30th, there was short interest totaling 32,789 shares, a growth of 880.2% from the June 15th total of 3,345 shares. Based on an average trading volume of 72,107 shares, the days-to-cover ratio is presently 0.5 days.

Ilika Price Performance

Shares of OTCMKTS ILIKF opened at $0.38 on Friday. The business has a fifty day moving average of $0.44 and a two-hundred day moving average of $0.43. Ilika has a 52-week low of $0.30 and a 52-week high of $0.69.

Ilika Company Profile

Ilika plc is a UK‐based technology company founded in 2004 as a spin‐out from the University of Southampton. The company specializes in the research, development and commercialization of solid‐state battery technology, aiming to deliver safer, more robust energy storage solutions compared with conventional lithium‐ion chemistries. Headquartered in Southampton with a manufacturing and scale‐up facility at the Materials Innovation Factory in Cheshire, Ilika applies thin‐film processing techniques to create wafer‐level batteries designed for integration into miniature devices.

At the core of Ilika’s product portfolio is the Stereax range of all‐solid‐state micro‐batteries.