Aker BP ASA (OTCMKTS:AKRBF) Short Interest Down 13.7% in March

Aker BP ASA (OTCMKTS:AKRBF) was the recipient of a large decline in short interest during the month of March. As of March 15th, there was short interest totalling 5,769,700 shares, a decline of 13.7% from the February 28th total of 6,688,600 shares. Based on an average daily trading volume, of 10,100 shares, the short-interest ratio is presently 571.3 days.

Aker BP ASA Stock Up 1.1 %

Shares of AKRBF opened at $24.00 on Wednesday. The stock has a 50 day moving average of $22.01 and a 200 day moving average of $21.54. Aker BP ASA has a 12 month low of $18.69 and a 12 month high of $27.55.

About Aker BP ASA

Aker BP ASA explores for, develops, and produces oil and gas on the Norwegian Continental Shelf. It operates Alvheim, Edvard Grieg, Ivar Aasen, Valhall, Skarv and Ula fields. The company was formerly known as Det norske oljeselskap ASA and changed its name to Aker BP ASA in October 2016. Aker BP ASA was founded in 2001 and is headquartered in Fornebu, Norway.