SalMar ASA (OTCMKTS:SALRF) Sees Large Growth in Short Interest

SalMar ASA (OTCMKTS:SALRF) saw a significant growth in short interest in the month of October. As of October 31st, there was short interest totalling 182,300 shares, a growth of 17.6% from the October 15th total of 155,000 shares. Based on an average daily trading volume, of 100 shares, the short-interest ratio is currently 1,823.0 days.

SalMar ASA Stock Performance

Shares of SALRF remained flat at $51.06 during trading hours on Friday. The stock’s 50-day moving average price is $50.72 and its 200 day moving average price is $55.33. SalMar ASA has a 12-month low of $46.03 and a 12-month high of $64.08.

About SalMar ASA

SalMar ASA, an aquaculture company, produces and sells farmed salmon in Asia, North America, Europe, and internationally. The company operates through Fish Farming Central Norway, Fish Farming Northern Norway, Icelandic Salmon, Sales & Industry, and SalMar Aker Ocean segments. It is involved in the broodstock, harvesting, processing, and smolt production activities.