Elkem ASA (OTCMKTS:ELKEF) Short Interest Update

Elkem ASA (OTCMKTS:ELKEF) was the target of a large growth in short interest in December. As of December 31st, there was short interest totalling 187,700 shares, a growth of 8.6% from the December 15th total of 172,900 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is presently 1,877.0 days.

Elkem ASA Price Performance

Shares of Elkem ASA stock opened at $1.65 on Tuesday. The company has a 50-day moving average of $1.65 and a two-hundred day moving average of $1.77. Elkem ASA has a 12-month low of $1.60 and a 12-month high of $2.15.

About Elkem ASA

Elkem ASA engages in the provision of advanced material solutions worldwide. It operates through three segments: Silicones, Silicon Products, and Carbon Solutions. The company offers silicones polymers, including silicone oils, compounds, emulsions, grease, and resins, as well as chlorosilanes, heat cured rubber silicone, liquid silicone rubber, and RTV-1 and RTV-2 silicones.