Elkem ASA (OTCMKTS:ELKEF) Short Interest Update

Elkem ASA (OTCMKTS:ELKEF) was the target of a significant increase in short interest in September. As of September 30th, there was short interest totalling 247,700 shares, an increase of 68.8% from the September 15th total of 146,700 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Elkem ASA Price Performance

Shares of OTCMKTS ELKEF remained flat at $1.68 during midday trading on Monday. Elkem ASA has a 12-month low of $1.60 and a 12-month high of $2.15. The company’s 50 day moving average is $1.82 and its 200 day moving average is $1.94.

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.