Short Interest in Aker Carbon Capture ASA (OTCMKTS:AKCCF) Declines By 8.2%

Aker Carbon Capture ASA (OTCMKTS:AKCCF) was the target of a large decline in short interest in January. As of January 15th, there was short interest totalling 6,975,100 shares, a decline of 8.2% from the December 31st total of 7,602,000 shares. Based on an average daily trading volume, of 72,800 shares, the short-interest ratio is presently 95.8 days.

Aker Carbon Capture ASA Price Performance

Shares of AKCCF stock opened at $0.54 on Monday. The company’s fifty day simple moving average is $0.55 and its two-hundred day simple moving average is $0.56. Aker Carbon Capture ASA has a 1 year low of $0.48 and a 1 year high of $1.05.

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.