Aker Carbon Capture ASA (OTCMKTS:AKCCF) Sees Significant Increase in Short Interest

Aker Carbon Capture ASA (OTCMKTS:AKCCF) was the recipient of a large growth in short interest in November. As of November 30th, there was short interest totalling 7,186,200 shares, a growth of 14.0% from the November 15th total of 6,305,700 shares. Based on an average daily volume of 20,300 shares, the days-to-cover ratio is currently 354.0 days.

Aker Carbon Capture ASA Stock Down 6.0 %

AKCCF stock opened at $0.52 on Monday. The business’s 50-day moving average is $0.55 and its two-hundred day moving average is $0.58. Aker Carbon Capture ASA has a 1 year low of $0.48 and a 1 year high of $1.33.

Aker Carbon Capture ASA Company Profile

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.