Elkem ASA (OTCMKTS:ELKEF) Short Interest Update

Elkem ASA (OTCMKTS:ELKEF) saw a large growth in short interest in January. As of January 15th, there was short interest totalling 187,700 shares, a growth of 8.6% from the December 31st total of 172,900 shares. Based on an average daily trading volume, of 100 shares, the short-interest ratio is presently 1,877.0 days.

Elkem ASA Price Performance

OTCMKTS ELKEF remained flat at $1.75 on Friday. Elkem ASA has a 1 year low of $1.60 and a 1 year high of $2.15. The business has a fifty day simple moving average of $1.66 and a two-hundred day simple moving average of $1.75.

Elkem ASA Company Profile

Elkem ASA engages in the provision of advanced material solutions worldwide. It operates through three segments: Silicones, Silicon Products, and Carbon Solutions. The company offers silicones polymers, including silicone oils, compounds, emulsions, grease, and resins, as well as chlorosilanes, heat cured rubber silicone, liquid silicone rubber, and RTV-1 and RTV-2 silicones.