Ørsted A/S (OTCMKTS:DNNGY) Short Interest Update

Ørsted A/S (OTCMKTS:DNNGY) was the recipient of a large increase in short interest during the month of March. As of March 15th, there was short interest totalling 30,800 shares, an increase of 555.3% from the February 28th total of 4,700 shares. Based on an average trading volume of 170,400 shares, the short-interest ratio is currently 0.2 days.

Wall Street Analysts Forecast Growth

Separately, Morgan Stanley downgraded shares of Ørsted A/S from an “overweight” rating to an “equal weight” rating in a report on Thursday, December 5th.

Ørsted A/S Trading Up 1.0 %

Shares of DNNGY traded up $0.15 during mid-day trading on Thursday, reaching $14.92. 65,207 shares of the company’s stock were exchanged, compared to its average volume of 119,623. Ørsted A/S has a 52-week low of $11.73 and a 52-week high of $22.44. The company has a 50-day simple moving average of $14.23 and a two-hundred day simple moving average of $17.08.

About Ørsted A/S

Ørsted A/S, together with its subsidiaries, develops, constructs, owns, and operates offshore and onshore wind farms, solar farms, energy storage facilities, renewable hydrogen and green fuels facilities, and bioenergy plants. It operates through Offshore, Onshore, and Bioenergy & Other segments.