Akastor ASA (OTCMKTS:AKKVF) Short Interest Update

by · The Cerbat Gem

Akastor ASA (OTCMKTS:AKKVFGet Free Report) was the target of a significant increase in short interest in the month of April. As of April 30th, there was short interest totaling 26,837 shares, an increase of ∞ from the April 15th total of 0 shares. Based on an average daily volume of 5,273 shares, the short-interest ratio is currently 5.1 days.

Akastor ASA Stock Performance

AKKVF opened at $1.75 on Monday. Akastor ASA has a 1 year low of $1.30 and a 1 year high of $1.95. The stock’s 50 day simple moving average is $1.54 and its 200-day simple moving average is $1.09.

Akastor ASA Company Profile

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Akastor ASA is an Oslo-based industrial investment company dedicated to the offshore energy sector, with a primary focus on oilfield services. Formed in 2014 as a spin-off from Aker Solutions, the company seeks to build and support businesses that deliver critical services to upstream oil and gas operators around the world.

At the core of Akastor’s portfolio is its drilling services arm, which provides drilling rigs, downhole tools and campaign management through its subsidiary Archer.

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