Ilika plc (OTCMKTS:ILIKF) Shares Shorted: Short Interest Up 144.4% in October

Ilika plc (OTCMKTS:ILIKF) was the recipient of a significant increase in short interest in the month of October. As of October 15th, there was short interest totaling 158,575 shares, an increase of 144.4% from the September 30th total of 64,873 shares. Based on an average trading volume of 108,050 shares, the short-interest ratio is presently 1.5 days.

Ilika Stock Down 0.7%

ILIKF traded down $0.00 on Friday, reaching $0.29. 22,920 shares of the company’s stock were exchanged, compared to its average volume of 45,035. Ilika has a twelve month low of $0.23 and a twelve month high of $0.62. The company’s 50 day moving average is $0.31 and its 200-day moving average is $0.38.

Ilika Company Profile

Ilika plc is a United Kingdom-based technology company specializing in solid-state battery technology. The company develops thin-film and other solid-state batteries designed to provide high energy density, improved safety, and compact form factors compared with conventional liquid-electrolyte batteries.

Ilika’s product development activities include Stereax microbatteries, which are intended for applications such as medical implants, industrial sensors, and the Internet of Things. The company also develops Goliath large-format solid-state batteries for potential use in electric vehicles, power tools, and other high-performance applications.