Ilika plc (OTCMKTS:ILIKF) Sees Significant Increase in Short Interest

Ilika plc (OTCMKTS:ILIKF) was the target of a significant increase in short interest in the month of October. As of October 15th, there was short interest totalling 299,000 shares, an increase of 2,235.9% from the September 30th total of 12,800 shares. Based on an average trading volume of 165,800 shares, the short-interest ratio is presently 1.8 days.

Ilika Price Performance

OTCMKTS ILIKF traded down $0.02 on Friday, hitting $0.27. The company had a trading volume of 96,800 shares, compared to its average volume of 48,039. Ilika has a 12-month low of $0.25 and a 12-month high of $0.63. The company’s fifty day moving average price is $0.32 and its 200-day moving average price is $0.33.

Ilika Company Profile

Ilika plc designs, develops, and produces solid-state batteries under the Stereax name primarily in the United Kingdom, Asia, Europe, and North America. The company offers batteries for a range of applications in the industrial Internet of Things, MedTech, transportation, electric vehicles, and cordless consumer appliances.