Hexagon Composites ASA (OTCMKTS:HXGCF) Short Interest Up 5,766.7% in December

Hexagon Composites ASA (OTCMKTS:HXGCF) was the target of a significant increase in short interest during the month of December. As of December 15th, there was short interest totalling 17,600 shares, an increase of 5,766.7% from the November 30th total of 300 shares. Based on an average daily volume of 400 shares, the short-interest ratio is presently 44.0 days.

Hexagon Composites ASA Stock Performance

HXGCF remained flat at $3.95 during trading hours on Thursday. Hexagon Composites ASA has a twelve month low of $1.41 and a twelve month high of $4.36. The company’s 50 day moving average price is $4.07 and its two-hundred day moving average price is $3.99.

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.