Hexagon Composites ASA (OTCMKTS:HXGCF) Short Interest Down 5.6% in August

Hexagon Composites ASA (OTCMKTS:HXGCF) was the target of a large decrease in short interest in the month of August. As of August 15th, there was short interest totalling 86,300 shares, a decrease of 5.6% from the July 31st total of 91,400 shares. Based on an average daily trading volume, of 31,500 shares, the days-to-cover ratio is currently 2.7 days.

Hexagon Composites ASA Stock Down 3.7 %

Shares of HXGCF stock opened at $3.63 on Wednesday. The stock has a 50 day simple moving average of $3.22 and a 200-day simple moving average of $2.92. Hexagon Composites ASA has a 1-year low of $1.41 and a 1-year high of $3.77.

About Hexagon Composites ASA

Hexagon Composites ASA, together with its subsidiaries, engages in the manufacture and sale of composite pressure cylinders and fuel systems for alternative fuels worldwide. The company operates through Hexagon Agility, Hexagon Ragasco, and Hexagon Digital Wave segments. The Hexagon Agility segment provides clean fuel solutions for commercial vehicles, passenger vehicles, and gaseous energy transportation; and gas distribution solutions.