Short Interest in Equatorial Energia S.A. (OTCMKTS:EQUEY) Increases By 2,200.0%

Equatorial Energia S.A. (OTCMKTS:EQUEY) was the target of a large growth in short interest in April. As of April 15th, there was short interest totalling 2,300 shares, a growth of 2,200.0% from the March 31st total of 100 shares. Based on an average trading volume of 600 shares, the days-to-cover ratio is presently 3.8 days.

Equatorial Energia Price Performance

Shares of EQUEY opened at $6.03 on Friday. Equatorial Energia has a one year low of $5.16 and a one year high of $7.28. The business’s 50 day simple moving average is $6.59 and its 200-day simple moving average is $6.76.

Equatorial Energia Company Profile

Equatorial Energia SA, through its subsidiaries, engages in the electricity generation, distribution, transmission, and sanitation operations in Brazil. It operates through Distribution, Transmission, Wind Generation, Services, Sanitation, and Other segments. The company generates energy from wind, solar, biomass, qualified co-generation, and hydroelectric plants.