Elkem ASA (OTCMKTS:ELKEF) Short Interest Update

Elkem ASA (OTCMKTS:ELKEF) was the target of a significant growth in short interest in the month of January. As of January 15th, there was short interest totalling 187,700 shares, a growth of 8.6% from the December 31st total of 172,900 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is presently 1,877.0 days.

Elkem ASA Stock Performance

Shares of Elkem ASA stock remained flat at $1.75 on Monday. The company has a 50-day moving average of $1.66 and a 200-day moving average of $1.75. Elkem ASA has a 52 week low of $1.60 and a 52 week high of $2.15.

About Elkem ASA

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.