Could AUSTEVOLL SEAFOOD ASA ORDINARY SHARES N (OTCMKTS:ASTVF) Change Direction After More Shorts?

November 10, 2018 - By Clifton Ray

Austevoll Seafood ASA (OTCMKTS:ASTVF) Logo

The stock of AUSTEVOLL SEAFOOD ASA ORDINARY SHARES N (OTCMKTS:ASTVF) registered an increase of 2000% in short interest. ASTVF’s total short interest was 2,100 shares in November as published by FINRA. Its up 2000% from 100 shares, reported previously.

It closed at $16.3 lastly. It is down 0.00% since November 10, 2017 and is . It has underperformed by 15.62% the S&P500.

Austevoll Seafood ASA, a seafood company, engages in salmon, white fish, and pelagic businesses in Norway, Europe, Asia, the United States, and South America. The company has market cap of $3.27 billion. The Company’s activities include ownership and operation of fishing vessels, fishmeal plants, canning plants, and freezing plants, as well as farming, processing, trading, and sale of salmon. It has a 14.94 P/E ratio. The firm also engages in fishing, production, and sale of fishmeal that is used in the production of aquaculture and animal feed, as well as fish oil, which is used as aquaculture feed; and offers frozen fish and canned fish product for human consumption.

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