Akastor ASA (OTCMKTS:AKRYY) Short Interest Update

Akastor ASA (OTCMKTS:AKRYY) was the recipient of a significant decrease in short interest in the month of April. As of April 15th, there was short interest totaling 101 shares, a decrease of 91.4% from the March 31st total of 1,179 shares. Based on an average daily volume of 1,253 shares, the days-to-cover ratio is currently 0.1 days.

Akastor ASA Price Performance

Shares of Akastor ASA stock opened at $10.49 on Friday. The stock has a 50 day moving average price of $8.47 and a two-hundred day moving average price of $6.79. Akastor ASA has a 12-month low of $4.80 and a 12-month high of $11.95.

Akastor ASA Company Profile

Akastor ASA is a Norway‐based investment company specializing in the global oilfield services sector. Established through a demerger from Aker Solutions in March 2018, Akastor pursues a value‐creation strategy by acquiring and developing high‐quality businesses that provide critical equipment, technology and services to upstream oil and gas operators.

The company’s portfolio comprises fully owned subsidiaries operating across drilling equipment, subsea services and engineering solutions.