Overview
Description
Mowi ASA Sponsored ADR represents the American Depository Receipts (ADRs) of Mowi ASA, a leading global seafood company headquartered in Bergen, Norway. The primary function of this asset is to allow U.S. investors the opportunity to invest in Mowi's shares, which are originally traded on the Oslo Stock Exchange, without dealing with the complexities of foreign stock markets. Mowi ASA is renowned for its production and distribution of farmed salmon, a sector in which it plays a significant role worldwide. The company's operations extend across various stages of the value chain from feed manufacturing to harvesting and processing, strongly influencing the global aquaculture industry. By trading as an ADR, Mowi ASA increases its accessibility and visibility in the U.S. financial markets, thereby enhancing capital flow and investor diversification. This financial instrument provides crucial exposure to the growing demand for seafood and sustainable food sources, reflecting broader themes in the global agriculture and environmental sectors.
About
Instrument type
American depositary receipt
Sector
Consumer Defensive
Industry
Farm Products
Country
United States
MIC code
PINX