Nel ASA (OTCMKTS:NLLSF) Short Interest Update

Nel ASA (OTCMKTS:NLLSF) was the recipient of a large drop in short interest during the month of January. As of January 30th, there was short interest totaling 11,300,550 shares, a drop of 12.7% from the January 15th total of 12,937,190 shares. Based on an average trading volume of 27,742 shares, the short-interest ratio is presently 407.3 days. Based on an average trading volume of 27,742 shares, the short-interest ratio is presently 407.3 days.

Nel ASA Trading Down 3.0%

NLLSF stock opened at $0.22 on Tuesday. Nel ASA has a twelve month low of $0.18 and a twelve month high of $0.34. The business’s fifty day simple moving average is $0.23 and its two-hundred day simple moving average is $0.24.

Nel ASA Company Profile

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.