Amsc Asa (OTCMKTS:ASCJF) Sees Large Drop in Short Interest

Amsc Asa (OTCMKTS:ASCJFGet Free Report) was the target of a significant drop in short interest in the month of June. As of June 15th, there was short interest totalling 100 shares, a drop of 75.0% from the May 31st total of 400 shares. Based on an average daily volume of 300 shares, the short-interest ratio is currently 0.3 days.

Amsc Asa Price Performance

Shares of OTCMKTS ASCJF opened at $2.76 on Friday. The company’s fifty day simple moving average is $2.83 and its 200 day simple moving average is $2.66. Amsc Asa has a 12-month low of $1.85 and a 12-month high of $4.54.

Amsc Asa Company Profile

(Get Free Report)

AMSC ASA, through its subsidiaries, invests in maritime assets and companies in the United States. It operates one international subsea construction vessel. The company was formerly known as American Shipping Company ASA and changed its name to AMSC ASA in October 2022. AMSC ASA was incorporated in 2005 and is headquartered in Lysaker, Norway.

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