Ilika plc (OTCMKTS:ILIKF) Sees Large Decrease in Short Interest

Ilika plc (OTCMKTS:ILIKFGet Free Report) saw a large decline in short interest in the month of May. As of May 15th, there was short interest totaling 3,724 shares, a decline of 72.8% from the April 30th total of 13,715 shares. Based on an average daily volume of 78,234 shares, the short-interest ratio is presently 0.0 days.

Ilika Trading Up 3.1%

Shares of OTCMKTS ILIKF traded up $0.02 during mid-day trading on Friday, reaching $0.51. 21,198 shares of the company’s stock were exchanged, compared to its average volume of 50,766. The firm has a 50-day moving average price of $0.42 and a two-hundred day moving average price of $0.46. Ilika has a 52 week low of $0.30 and a 52 week high of $0.69.

Ilika Company Profile

(Get Free Report)

Ilika plc is a UK‐based technology company founded in 2004 as a spin‐out from the University of Southampton. The company specializes in the research, development and commercialization of solid‐state battery technology, aiming to deliver safer, more robust energy storage solutions compared with conventional lithium‐ion chemistries. Headquartered in Southampton with a manufacturing and scale‐up facility at the Materials Innovation Factory in Cheshire, Ilika applies thin‐film processing techniques to create wafer‐level batteries designed for integration into miniature devices.

At the core of Ilika’s product portfolio is the Stereax range of all‐solid‐state micro‐batteries.

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