Could ASETEK A S ORDINARY SHARES DENMARK (OTCMKTS:ASKTF) Change Direction After Less Shorts?

June 18, 2018 - By Nellie Frank

Asetek A/S (OTCMKTS:ASKTF) Logo

The stock of ASETEK A S ORDINARY SHARES DENMARK (OTCMKTS:ASKTF) registered a decrease of 5.8% in short interest. ASKTF’s total short interest was 147,900 shares in June as published by FINRA. Its down 5.8% from 157,000 shares, reported previously. With 100 shares average volume, it will take short sellers 1479 days to cover their ASKTF’s short positions.

It closed at $8.6 lastly. It is down 0.00% since June 18, 2017 and is . It has underperformed by 12.57% the S&P500.

Asetek A/S, together with its subsidiaries, designs, develops, and markets liquid cooling products in Asia, Europe, and the Americas. The company has market cap of $258.21 million. It operates in two divisions, Desktop and Data Center. It has a 69.92 P/E ratio. The company's products are used in personal computers, servers, and data centers to provide enhanced performance, acoustics, and energy efficiency.

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