Elkem ASA (OTCMKTS:ELKEF) Short Interest Update

Elkem ASA (OTCMKTS:ELKEF) saw a significant decrease in short interest in the month of October. As of October 31st, there was short interest totalling 172,700 shares, a decrease of 30.3% from the October 15th total of 247,700 shares. Based on an average daily trading volume, of 200 shares, the days-to-cover ratio is presently 863.5 days.

Elkem ASA Stock Performance

OTCMKTS ELKEF remained flat at $1.65 during trading hours on Friday. Elkem ASA has a one year low of $1.60 and a one year high of $2.15. The stock’s 50 day moving average is $1.67 and its two-hundred day moving average is $1.89.

Elkem ASA Company Profile

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.