Elkem ASA (OTCMKTS:ELKEF) Short Interest Up 68.8% in September

by · The Markets Daily

Elkem ASA (OTCMKTS:ELKEF – Get Free Report) was the recipient of a significant growth in short interest in the month of September. As of September 30th, there was short interest totalling 247,700 shares, a growth of 68.8% from the September 15th total of 146,700 shares. Based on an average trading volume of 0 shares, the short-interest ratio is currently ∞ days.

Elkem ASA Price Performance

ELKEF stock remained flat at $1.68 during midday trading on Friday. The stock has a fifty day moving average price of $1.82 and a 200-day moving average price of $1.94. Elkem ASA has a one year low of $1.60 and a one year high of $2.15.

About Elkem ASA

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Elkem ASA engages in the provision of advanced material solutions worldwide. It operates through three segments: Silicones, Silicon Products, and Carbon Solutions. The company offers silicones polymers, including silicone oils, compounds, emulsions, grease, and resins, as well as chlorosilanes, heat cured rubber silicone, liquid silicone rubber, and RTV-1 and RTV-2 silicones.

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