Short Interest in Ilika plc (OTCMKTS:ILIKF) Decreases By 53.6%

Ilika plc (OTCMKTS:ILIKF) was the target of a significant drop in short interest during the month of August. As of August 15th, there was short interest totaling 18,600 shares, adropof53.6% from the July 31st total of 40,100 shares. Based on an average daily trading volume, of 95,700 shares, the days-to-cover ratio is currently 0.2 days. Based on an average daily trading volume, of 95,700 shares, the days-to-cover ratio is currently 0.2 days.

Ilika Stock Down 6.1%

Shares of OTCMKTS ILIKF opened at $0.46 on Friday. Ilika has a one year low of $0.18 and a one year high of $0.65. The business’s fifty day moving average price is $0.55 and its 200-day moving average price is $0.50.

About Ilika

Ilika plc designs, develops, and produces solid-state batteries under the Stereax name primarily in the United Kingdom, Asia, Europe, and North America. The company offers batteries for a range of applications in the industrial Internet of Things, MedTech, transportation, electric vehicles, and cordless consumer appliances.