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

Aker ASA (OTCMKTS:AKAAF) saw a large growth in short interest during the month of February. As of February 15th, there was short interest totalling 9,500 shares, a growth of 61.0% from the January 31st total of 5,900 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is presently 95.0 days.

Aker ASA Price Performance

Shares of AKAAF opened at $47.75 on Friday. Aker ASA has a 1 year low of $45.81 and a 1 year high of $49.65. The stock has a 50 day simple moving average of $47.58 and a two-hundred day simple moving average of $49.13.

About Aker ASA

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.