Akastor ASA (OTCMKTS:AKRYY) Sees Significant Decline in Short Interest

Akastor ASA (OTCMKTS:AKRYYGet Free Report) saw a large decline in short interest in January. As of January 15th, there was short interest totalling 100 shares, a decline of 75.0% from the December 31st total of 400 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days.

Akastor ASA Stock Performance

Shares of OTCMKTS AKRYY opened at $10.00 on Wednesday. The firm’s 50-day simple moving average is $9.62 and its 200 day simple moving average is $8.28. Akastor ASA has a 12-month low of $6.50 and a 12-month high of $12.09.

Akastor ASA Increases Dividend

The business also recently declared a dividend, which was paid on Monday, December 16th. Investors of record on Tuesday, November 26th were given a dividend of $2.8177 per share. This is an increase from Akastor ASA’s previous dividend of $0.23. The ex-dividend date of this dividend was Tuesday, December 17th.

Akastor ASA Company Profile

(Get Free Report)

Akastor ASA operates as an oilfield services investment company in Norway and internationally. The company offers vessel-based subsea well construction and intervention services to the oil and gas industry. It also provides anchor handling, towing, and supply services to offshore oil and gas fields. In addition, the company offers a range of offshore drilling equipment products and packages.

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