Ilika plc (OTCMKTS:ILIKF) Sees Significant Decline in Short Interest

Ilika plc (OTCMKTS:ILIKFGet Free Report) was the target of a large decline in short interest during the month of June. As of June 15th, there was short interest totaling 3,345 shares, a decline of 74.8% from the May 31st total of 13,267 shares. Based on an average daily volume of 96,314 shares, the short-interest ratio is currently 0.0 days.

Ilika Price Performance

Shares of Ilika stock opened at $0.38 on Friday. Ilika has a 52 week low of $0.30 and a 52 week high of $0.69. The business has a 50 day moving average price of $0.45 and a 200-day moving average price of $0.44.

About Ilika

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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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