Austevoll Seafood ASA (OTCMKTS:ASTVF) Sees Significant Growth in Short Interest

Austevoll Seafood ASA (OTCMKTS:ASTVF) was the recipient of a significant increase in short interest during the month of February. As of February 27th, there was short interest totaling 237,724 shares, an increase of 67.8% from the February 12th total of 141,651 shares. Based on an average daily volume of 1 shares, the days-to-cover ratio is presently 237,724.0 days. Based on an average daily volume of 1 shares, the days-to-cover ratio is presently 237,724.0 days.

Austevoll Seafood ASA Price Performance

Shares of OTCMKTS:ASTVF opened at $10.57 on Friday. The business’s 50 day moving average is $9.81 and its 200 day moving average is $9.36. Austevoll Seafood ASA has a 12-month low of $8.75 and a 12-month high of $11.00.

About Austevoll Seafood ASA

Austevoll Seafood ASA is a Norway‐based integrated seafood company engaged in the harvesting, farming, processing and marketing of seafood products. Headquartered in Austevoll, the company operates across multiple segments, including pelagic fishing, whitefish capture, salmon farming and production of feed. Its portfolio spans fresh and frozen fish products, omega-3 oils, fishmeal, and value-added seafood items supplied to retail, foodservice and industrial customers.

In its pelagic division, Austevoll Seafood targets species such as herring, blue whiting and mackerel through a modern fleet of purse seiners and trawlers operating primarily in the Northeast Atlantic.