Nel ASA (OTCMKTS:NLLSF) Short Interest Update

Nel ASA (OTCMKTS:NLLSF) saw a significant drop in short interest in November. As of November 30th, there was short interest totalling 22,455,100 shares, a drop of 19.2% from the November 15th total of 27,805,700 shares. Based on an average daily trading volume, of 80,000 shares, the days-to-cover ratio is presently 280.7 days.

Nel ASA Price Performance

OTCMKTS:NLLSF remained flat at $0.28 during mid-day trading on Friday. 16,304 shares of the company’s stock were exchanged, compared to its average volume of 32,446. Nel ASA has a 12-month low of $0.26 and a 12-month high of $0.87. The firm’s 50 day moving average is $0.35 and its two-hundred day moving average is $0.48.

About Nel ASA

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.