Verbund Ag (OTCMKTS:OEZVY) Sees Large Decrease in Short Interest

Verbund Ag (OTCMKTS:OEZVY) was the recipient of a significant decrease in short interest in November. As of November 30th, there was short interest totalling 500 shares, a decrease of 28.6% from the November 15th total of 700 shares. Based on an average daily volume of 1,300 shares, the short-interest ratio is currently 0.4 days.

Verbund Stock Down 9.4 %

Shares of Verbund stock traded down $1.46 during trading on Friday, reaching $14.01. The company’s stock had a trading volume of 879 shares, compared to its average volume of 1,579. The business has a 50 day moving average price of $16.11 and a 200-day moving average price of $16.72. Verbund has a 12-month low of $13.41 and a 12-month high of $20.07.

Verbund Company Profile

VERBUND AG, together with its subsidiaries, generates, trades, and sells electricity to energy exchange markets, traders, electric utilities and industrial companies, and households and commercial customers. It operates through Hydro, New Renewables, Sales, Grid, and All Other segments. The company operates hydropower plants with a capacity of 8,417 megawatts (MW); wind farms with a capacity of 798 MW; solar power with a capacity of 253 MW; and two thermal power plants.