Short Interest in Ilika plc (OTCMKTS:ILIKF) Rises By 210.3%

Ilika plc (OTCMKTS:ILIKFGet Rating) was the recipient of a large growth in short interest in May. As of May 15th, there was short interest totalling 60,500 shares, a growth of 210.3% from the April 30th total of 19,500 shares. Based on an average trading volume of 408,300 shares, the days-to-cover ratio is currently 0.1 days.

OTCMKTS:ILIKF traded up $0.04 during mid-day trading on Thursday, hitting $0.80. 180,322 shares of the company’s stock traded hands, compared to its average volume of 217,694. The firm’s 50 day simple moving average is $1.37 and its 200 day simple moving average is $1.76. Ilika has a 1 year low of $0.65 and a 1 year high of $2.99.

Ilika Company Profile (Get Rating)

Ilika plc engages in the design, development, and production of solid-state batteries under the Stereax name primarily in the United Kingdom, Asia, rest of Europe, and North America. It offers batteries for a range of applications in the industrial Internet of Things, electric vehicles, smart cities, consumer electronics, and medical sectors.

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