Hexagon Composites ASA (OTCMKTS:HXGCF) Short Interest Up 75.2% in March

Hexagon Composites ASA (OTCMKTS:HXGCF) was the recipient of a significant increase in short interest during the month of March. As of March 15th, there was short interest totalling 444,900 shares, an increase of 75.2% from the February 28th total of 253,900 shares. Based on an average daily volume of 7,600 shares, the short-interest ratio is presently 58.5 days.

Hexagon Composites ASA Stock Down 7.1 %

Shares of HXGCF opened at $1.95 on Monday. Hexagon Composites ASA has a 1 year low of $1.41 and a 1 year high of $4.36. The stock has a 50 day moving average price of $2.33.

About Hexagon Composites ASA

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.