Ilika plc (OTCMKTS:ILIKF – Get Rating) saw a significant growth in short interest in the month of January. As of January 31st, there was short interest totalling 90,600 shares, a growth of 2,165.0% from the January 15th total of 4,000 shares. Based on an average daily trading volume, of 341,600 shares, the short-interest ratio is presently 0.3 days.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank reduced their price objective on Ilika from GBX 130 ($1.56) to GBX 125 ($1.50) in a research report on Friday, January 20th.

Ilika Trading Down 5.0 %

ILIKF opened at $0.66 on Friday. Ilika has a 52-week low of $0.25 and a 52-week high of $1.99. The business's 50-day simple moving average is $0.47 and its 200 day simple moving average is $0.61.

Ilika Company Profile

Ilika Plc is a pioneer in solid-state battery technology with their innovative Stereax micro batteries designed for Industrial IoT and MedTech markets, and their Goliath large format batteries for the electric vehicle and consumer electronics markets. Stereax battery technology offers compelling advantages over conventional lithium ion batteries, including smaller footprint, high energy density, non-toxic materials, faster charging, increased cycle life, low leakage and reduced flammability.

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