Drax Group plc (OTCMKTS:DRXGF) Short Interest Up 168.5% in June

Drax Group plc (OTCMKTS:DRXGF) was the recipient of a significant growth in short interest in June. As of June 15th, there was short interest totalling 1,054,100 shares, a growth of 168.5% from the May 31st total of 392,600 shares. Based on an average daily trading volume, of 100 shares, the short-interest ratio is presently 10,541.0 days.

Drax Group Trading Down 0.6 %

OTCMKTS:DRXGF traded down $0.04 during trading hours on Friday, reaching $6.32. 387 shares of the company’s stock were exchanged, compared to its average volume of 573. Drax Group has a 12 month low of $4.88 and a 12 month high of $8.22. The business’s 50-day simple moving average is $6.53 and its two-hundred day simple moving average is $6.22.

Drax Group Company Profile

Drax Group plc, together with its subsidiaries, engages in renewable power generation in the United Kingdom. It operates through three segments: Pellet Production, Generation, and Customers. The Pellet Production segment produces and sells biomass pellets. The Generation segment provides renewable, dispatchable power, and system support services to the electricity grid.