Aker Carbon Capture ASA (OTCMKTS:AKCCF) Sees Large Decrease in Short Interest

Aker Carbon Capture ASA (OTCMKTS:AKCCF) was the target of a significant drop in short interest in the month of March. As of March 15th, there was short interest totalling 4,378,900 shares, a drop of 15.0% from the February 29th total of 5,153,300 shares. Based on an average daily trading volume, of 49,200 shares, the short-interest ratio is currently 89.0 days.

Aker Carbon Capture ASA Stock Performance

Shares of AKCCF opened at $0.73 on Friday. Aker Carbon Capture ASA has a 12 month low of $0.50 and a 12 month high of $1.59. The company has a 50-day moving average price of $0.82 and a two-hundred day moving average price of $0.97.

About Aker Carbon Capture ASA

Aker Carbon Capture ASA provides products, technology, and solutions within the field of carbon capture technologies, utilization, and storage in Norway and internationally. The company's carbon capture process uses a mixture of water and organic amine solvents to absorb the CO2 that can be applied on emissions from various sources, including gas, coal, cement, refineries, and waste-to-energy through to hydrogen and other process industries.