Aker Solutions ASA (OTCMKTS:AKRTF) Sees Significant Decrease in Short Interest

Aker Solutions ASA (OTCMKTS:AKRTF) saw a large decrease in short interest during the month of January. As of January 31st, there was short interest totalling 615,700 shares, a decrease of 17.8% from the January 15th total of 748,800 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is currently 6,157.0 days.

Aker Solutions ASA Price Performance

Shares of AKRTF opened at $2.77 on Friday. Aker Solutions ASA has a 12-month low of $2.75 and a 12-month high of $5.87. The firm’s 50 day moving average is $2.80 and its 200-day moving average is $3.50.

About Aker Solutions ASA

Aker Solutions ASA provides solutions, products, systems, and services to the oil and gas industry in Norway, the United States, Brazil, the United Kingdom, Malaysia, Angola, Brunei, Canada, India, and internationally. The company operates in two segments, Renewables and Field Development; and Life Cycle.