Ilika plc (OTCMKTS:ILIKF) Short Interest Down 72.8% in May

Ilika plc (OTCMKTS:ILIKF) was the target of a significant drop in short interest during the month of May. As of May 15th, there was short interest totaling 3,724 shares, a drop of 72.8% from the April 30th total of 13,715 shares. Based on an average daily trading volume, of 78,234 shares, the short-interest ratio is currently 0.0 days.

Ilika Trading Up 0.5%

Shares of OTCMKTS ILIKF traded up $0.00 during midday trading on Friday, reaching $0.49. The company had a trading volume of 1,645 shares, compared to its average volume of 50,563. The business’s 50-day simple moving average is $0.42 and its 200 day simple moving average is $0.46. Ilika has a 1 year low of $0.30 and a 1 year high of $0.69.

Ilika Company Profile

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.