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

Aker ASA (OTCMKTS:AKAAF) was the target of a large decline in short interest in November. As of November 30th, there was short interest totalling 100 shares, a decline of 98.6% from the November 15th total of 7,000 shares. Based on an average daily trading volume, of 100 shares, the short-interest ratio is presently 1.0 days.

Aker ASA Trading Up 7.0 %

AKAAF stock traded up $3.24 during midday trading on Wednesday, reaching $49.65. The company’s fifty day moving average price is $49.52 and its two-hundred day moving average price is $51.50. Aker ASA has a twelve month low of $49.65 and a twelve month high of $49.65.

Aker ASA Company Profile

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.