Could AKER SOLUTIONS HOLDING ASA ORDINARY SHAR (OTCMKTS:AKRTF) Change Direction After More Shorts?

June 17, 2018 - By wolcottdaily

Aker Solutions (OTCMKTS:AKRTF) Logo

The stock of AKER SOLUTIONS HOLDING ASA ORDINARY SHAR (OTCMKTS:AKRTF) registered an increase of 10.03% in short interest. AKRTF’s total short interest was 1.54 million shares in June as published by FINRA. Its up 10.03% from 1.40M shares, reported previously. With 200 shares average volume, it will take short sellers 7712 days to cover their AKRTF’s short positions. The short interest to AKER SOLUTIONS HOLDING ASA ORDINARY SHAR’s float is 1.06%.

It closed at $6 lastly. It is down 0.00% since June 17, 2017 and is . It has underperformed by 12.57% the S&P500.

Aker Solutions ASA provides products, systems, and services to the gas and oil industry worldwide. The company has market cap of $1.86 billion. It operates through two divisions, Subsea and Field Design. It has a 50.85 P/E ratio. It offers services ranging from concept screening and design through manufacturing, installation, and commissioning to operational support and maintenance services.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.