EDP Renováveis, S.A. (OTCMKTS:EDRVF) Sees Significant Increase in Short Interest

EDP Renováveis, S.A. (OTCMKTS:EDRVFGet Free Report) saw a large increase in short interest in December. As of December 31st, there was short interest totalling 472,500 shares, an increase of 20.0% from the December 15th total of 393,700 shares. Based on an average trading volume of 17,100 shares, the short-interest ratio is presently 27.6 days.

EDP Renováveis Stock Performance

EDRVF stock remained flat at $9.67 during mid-day trading on Friday. The stock’s fifty day simple moving average is $10.62 and its two-hundred day simple moving average is $13.75. EDP Renováveis has a 52-week low of $9.22 and a 52-week high of $17.62.

EDP Renováveis Company Profile

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EDP Renováveis, SA, a renewable energy company, plans, constructs, operates, and maintains electricity power stations. The company operates wind and solar farms. As of December 31, 2023, it had an installed capacity of 6,891 megawatts in the United States; 2,042 megawatts in Spain; 1,413 megawatts in Portugal; 1,165 megawatts in Brazil; 798 megawatts in Poland; 521 megawatts in Romania; 496 megawatts in Mexico; 427 megawatts in Canada; 412 megawatts in Italy; 402 megawatts in Vietnam; 315 megawatts in Singapore; 244 megawatts in France; 123 megawatts in China; 83 megawatts in Chile; 80 megawatts in Greece; 43 megawatts in Taiwan; 11 megawatts in Belgium; 9 megawatts in the Netherlands; 7 megawatts in Thailand; and 5 megawatts in the United Kingdom.

Further Reading

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