Short Interest in Nel ASA (OTCMKTS:NLLSF) Declines By 18.4%

Nel ASA (OTCMKTS:NLLSFGet Free Report) was the recipient of a large decrease in short interest during the month of February. As of February 13th, there was short interest totaling 9,221,346 shares, a decrease of 18.4% from the January 29th total of 11,300,550 shares. Based on an average daily volume of 17,005 shares, the days-to-cover ratio is presently 542.3 days. Based on an average daily volume of 17,005 shares, the days-to-cover ratio is presently 542.3 days.

Nel ASA Price Performance

NLLSF opened at $0.23 on Wednesday. The company’s 50 day moving average is $0.23 and its 200 day moving average is $0.23. Nel ASA has a 12-month low of $0.18 and a 12-month high of $0.34.

Nel ASA Company Profile

(Get Free Report)

Nel ASA (OTCMKTS:NLLSF) is a Norwegian company specializing in hydrogen production and distribution solutions. The company develops and manufactures water electrolysers and hydrogen fueling stations designed to enable a scalable hydrogen infrastructure for industrial, energy and mobility applications. With a focus on green hydrogen, Nel ASA supports the transition to cleaner energy by providing technology that produces hydrogen through electrolysis powered by renewable electricity.

Nel’s product portfolio includes both alkaline and proton exchange membrane (PEM) electrolysers, catering to a variety of capacity and purity requirements.

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