Aker Carbon Capture ASA (OTCMKTS:AKCCF) Sees Significant Decrease in Short Interest

Aker Carbon Capture ASA (OTCMKTS:AKCCF) was the target of a large decrease in short interest in the month of October. As of October 15th, there was short interest totaling 972,800 shares, a decrease of 78.0% from the September 30th total of 4,412,700 shares. Based on an average daily volume of 71,500 shares, the days-to-cover ratio is presently 13.6 days. Based on an average daily volume of 71,500 shares, the days-to-cover ratio is presently 13.6 days.

Aker Carbon Capture ASA Stock Performance

AKCCF stock opened at $0.02 on Wednesday. Aker Carbon Capture ASA has a 1-year low of $0.01 and a 1-year high of $0.74. The business has a 50 day simple moving average of $0.02 and a two-hundred day simple moving average of $0.10.

About Aker Carbon Capture ASA

Aker Carbon Capture ASA provides products, technology, and solutions within the field of carbon capture technologies, utilization, and storage in Norway and internationally. The company’s carbon capture process uses a mixture of water and organic amine solvents to absorb the CO2 that can be applied on emissions from various sources, including gas, coal, cement, refineries, and waste-to-energy through to hydrogen and other process industries.