Aker ASA (OTCMKTS:AKAAF – Get Free Report) saw a significant drop in short interest in September. As of September 30th, there was short interest totaling 13,561 shares, a drop of 71.8% from the September 15th total of 48,029 shares. Based on an average trading volume of 435 shares, the days-to-cover ratio is currently 31.2 days.
Aker ASA Stock Performance
AKAAF opened at $142.00 on Tuesday. The firm has a fifty day moving average price of $156.87 and a 200 day moving average price of $134.84. Aker ASA has a 1 year low of $69.55 and a 1 year high of $173.85.
Aker ASA Company Profile
Aker ASA is a Norway-based investment company with a history rooted in Aker Mekaniske Verksted, established in 1841. The company has evolved from an industrial engineering and shipbuilding business into an active ownership company that develops and invests in industrial enterprises.
Aker’s portfolio has included businesses operating across energy, oilfield services, maritime industries, industrial software, seafood, renewable energy and carbon-management technologies. Through its portfolio companies, Aker provides products and services such as offshore engineering and field-development solutions, energy production, digital industrial software, marine operations and sustainable food products.
The company’s investments and portfolio companies serve customers in Norway and international markets, particularly across Europe and other regions connected to the global energy and maritime industries.
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