Short Interest in Akastor ASA (OTCMKTS:AKRYY) Decreases By 75.0%

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

Akastor ASA Price Performance

AKRYY stock remained flat at $10.00 during midday trading on Monday. The stock has a fifty day moving average of $9.34 and a two-hundred day moving average of $8.00. Akastor ASA has a 12 month low of $6.50 and a 12 month high of $12.09.

Akastor ASA Increases Dividend

The business also recently announced a dividend, which was paid on Monday, December 16th. Shareholders of record on Tuesday, November 26th were issued a dividend of $2.8177 per share. The ex-dividend date of this dividend was Tuesday, December 17th. This is a boost from Akastor ASA’s previous dividend of $0.23.

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.