Nel ASA (OTCMKTS:NLLSF) Short Interest Down 21.8% in September

Nel ASA (OTCMKTS:NLLSF) was the target of a large decrease in short interest in the month of September. As of September 15th, there was short interest totalling 30,002,900 shares, a decrease of 21.8% from the August 31st total of 38,347,400 shares. Based on an average trading volume of 17,500 shares, the short-interest ratio is presently 1,714.5 days.

Nel ASA Stock Down 2.7 %

Shares of NLLSF traded down $0.01 during mid-day trading on Friday, hitting $0.45. 4,403 shares of the company traded hands, compared to its average volume of 33,750. Nel ASA has a 1 year low of $0.41 and a 1 year high of $0.87. The stock has a 50-day moving average price of $0.52 and a two-hundred day moving average price of $0.54.

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.