Aker Carbon Capture ASA (OTCMKTS:AKCCF) Sees Large Decline in Short Interest

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

Aker Carbon Capture ASA Trading Up 0.8 %

Shares of AKCCF opened at $0.54 on Friday. The business’s fifty day moving average price is $0.54 and its two-hundred day moving average price is $0.57. Aker Carbon Capture ASA has a 52 week low of $0.48 and a 52 week high of $1.13.

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.