Elkem ASA (OTCMKTS:ELKEF) Short Interest Down 18.0% in April
by Renee Jackson · The Cerbat GemElkem ASA (OTCMKTS:ELKEF – Get Free Report) saw a significant decline in short interest during the month of April. As of April 15th, there was short interest totaling 595,610 shares, a decline of 18.0% from the March 31st total of 726,106 shares. Based on an average trading volume of 1,200 shares, the days-to-cover ratio is presently 496.3 days.
Elkem ASA Stock Performance
OTCMKTS ELKEF opened at $3.09 on Friday. Elkem ASA has a one year low of $2.85 and a one year high of $3.10. The company’s 50 day moving average price is $3.10 and its 200 day moving average price is $2.83.
Elkem ASA Company Profile
Elkem ASA is a Norway‐based company specializing in the production and development of advanced materials derived primarily from silicon, carbon, and microsilica. The company supplies a wide range of industries, including automotive, electronics, construction, energy, and environmental applications. Its product portfolio is designed to enhance material performance, energy efficiency, and sustainability across diverse end markets.
Key products and services offered by Elkem include silicones, which serve sectors such as personal care, automotive seals, and electronics encapsulation; silicon alloys such as ferrosilicon and silicon metal used in aluminum and steel production; and microsilica, a highly reactive silica fume used to improve concrete strength and durability.