Aker Carbon Capture ASA (OTCMKTS:AKCCF) Sees Significant Growth in Short Interest

Aker Carbon Capture ASA (OTCMKTS:AKCCF) saw a significant increase in short interest in October. As of October 15th, there was short interest totalling 6,408,400 shares, an increase of 15.1% from the September 30th total of 5,569,100 shares. Based on an average trading volume of 27,900 shares, the short-interest ratio is currently 229.7 days.

Aker Carbon Capture ASA Stock Performance

AKCCF opened at $0.60 on Wednesday. Aker Carbon Capture ASA has a fifty-two week low of $0.50 and a fifty-two week high of $1.33. The company’s 50-day moving average is $0.57 and its 200 day moving average is $0.62.

Aker Carbon Capture ASA Company Profile

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.