Short Interest in Hexagon Composites ASA (OTCMKTS:HXGCF) Grows By 2,670.8%

Hexagon Composites ASA (OTCMKTS:HXGCF) saw a significant increase in short interest during the month of January. As of January 31st, there was short interest totalling 66,500 shares, an increase of 2,670.8% from the January 15th total of 2,400 shares. Based on an average daily volume of 1,500 shares, the days-to-cover ratio is currently 44.3 days.

Hexagon Composites ASA Price Performance

Shares of Hexagon Composites ASA stock opened at $2.88 on Friday. Hexagon Composites ASA has a twelve month low of $1.41 and a twelve month high of $4.36. The company’s fifty day moving average is $3.43 and its 200 day moving average is $3.85.

Hexagon Composites ASA Company Profile

Hexagon Composites ASA, together with its subsidiaries, engages in the manufacture and sale of composite pressure cylinders and fuel systems for alternative fuels worldwide. The company operates through Hexagon Agility, Hexagon Ragasco, and Hexagon Digital Wave segments. The Hexagon Agility segment provides clean fuel solutions for commercial vehicles, passenger vehicles, and gaseous energy transportation; and gas distribution solutions.