Akastor ASA (OTCMKTS:AKRYY – Get Free Report) was the recipient of a large increase in short interest in June. As of June 15th, there was short interest totaling 522 shares, an increase of 87.1% from the May 31st total of 279 shares. Based on an average daily volume of 153 shares, the short-interest ratio is presently 3.4 days.
Akastor ASA Price Performance
Shares of OTCMKTS AKRYY opened at $9.77 on Wednesday. Akastor ASA has a 1-year low of $4.80 and a 1-year high of $11.95. The business has a 50-day moving average of $9.64 and a 200-day moving average of $8.08.
Akastor ASA Company Profile
Akastor ASA is a Norway‐based investment company specializing in the global oilfield services sector. Established through a demerger from Aker Solutions in March 2018, Akastor pursues a value‐creation strategy by acquiring and developing high‐quality businesses that provide critical equipment, technology and services to upstream oil and gas operators.
The company’s portfolio comprises fully owned subsidiaries operating across drilling equipment, subsea services and engineering solutions.
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