Nel ASA (OTCMKTS:NLLSF) Short Interest Update

Nel ASA (OTCMKTS:NLLSF) saw a significant decline in short interest in the month of March. As of March 13th, there was short interest totaling 7,029,093 shares, a decline of 15.9% from the February 26th total of 8,357,955 shares. Based on an average daily trading volume, of 215,263 shares, the short-interest ratio is presently 32.7 days.

Nel ASA Price Performance

NLLSF stock opened at $0.22 on Monday. Nel ASA has a twelve month low of $0.20 and a twelve month high of $0.30. The business has a 50 day simple moving average of $0.23 and a 200-day simple moving average of $0.23.

About Nel ASA

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.