Ilika plc (OTCMKTS:ILIKF – Get Free Report) saw a significant growth in short interest in the month of August. As of August 31st, there was short interest totalling 15,400 shares, a growth of 12.4% from the August 15th total of 13,700 shares. Based on an average daily trading volume, of 122,600 shares, the days-to-cover ratio is presently 0.1 days.
Ilika Stock Performance
Shares of Ilika stock traded down $0.01 during trading on Tuesday, reaching $0.47. The stock had a trading volume of 140,614 shares, compared to its average volume of 62,109. The stock has a fifty day moving average price of $0.53 and a two-hundred day moving average price of $0.53. Ilika has a 52 week low of $0.25 and a 52 week high of $0.90.
Wall Street Analysts Forecast Growth
Separately, Berenberg Bank dropped their price objective on shares of Ilika from GBX 125 ($1.55) to GBX 120 ($1.49) in a report on Tuesday, May 23rd.
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.
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