Akastor ASA (OTCMKTS:AKRYY) Short Interest Down 75.0% in January

Akastor ASA (OTCMKTS:AKRYY) was the target of a large drop in short interest in January. As of January 15th, there was short interest totalling 100 shares, a drop of 75.0% from the December 31st total of 400 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Akastor ASA Stock Performance

Akastor ASA stock remained flat at $10.00 on Tuesday. The company has a fifty day simple moving average of $9.62 and a 200-day simple moving average of $8.28. Akastor ASA has a 1-year low of $6.50 and a 1-year high of $12.09.

Akastor ASA Increases Dividend

The firm also recently disclosed a dividend, which was paid on Monday, December 16th. Stockholders of record on Tuesday, November 26th were issued 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

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.