Ilika plc (OTCMKTS:ILIKF) Sees Significant Increase in Short Interest

Ilika plc (OTCMKTS:ILIKF) was the target of a large increase in short interest in the month of August. As of August 15th, there was short interest totalling 36,100 shares, an increase of 802.5% from the July 31st total of 4,000 shares. Based on an average daily trading volume, of 124,800 shares, the short-interest ratio is currently 0.3 days.

Ilika Stock Performance

Shares of OTCMKTS ILIKF opened at $0.30 on Wednesday. The company has a 50 day simple moving average of $0.33 and a 200-day simple moving average of $0.35. Ilika has a 1 year low of $0.28 and a 1 year high of $0.63.

Ilika Company Profile

Ilika plc designs, develops, and produces solid-state batteries under the Stereax name primarily in the United Kingdom, Asia, Europe, and North America. The company offers batteries for a range of applications in the industrial Internet of Things, MedTech, transportation, electric vehicles, and cordless consumer appliances.