Nel ASA (OTCMKTS:NLLSF) Short Interest Down 31.2% in February

Nel ASA (OTCMKTS:NLLSF) was the recipient of a significant decline in short interest in February. As of February 28th, there was short interest totalling 14,059,000 shares, a decline of 31.2% from the February 13th total of 20,431,200 shares. Based on an average daily trading volume, of 61,600 shares, the short-interest ratio is presently 228.2 days.

Nel ASA Stock Performance

Shares of OTCMKTS:NLLSF opened at $0.27 on Friday. Nel ASA has a 52 week low of $0.18 and a 52 week high of $0.87. The company’s fifty day moving average is $0.22 and its 200-day moving average is $0.32.

Nel ASA Company Profile

Nel ASA, a hydrogen company, provides various solutions to produce, store, and distribute hydrogen from renewable energy in Norway and internationally. The company operates in two segments, Nel Hydrogen Fueling and Nel Hydrogen Electrolyser. The Nel Hydrogen Fueling segment manufactures hydrogen fueling stations for fuel cell electric vehicles, such as cars, buses, trucks, and other on-road vehicles.