Short Interest in Drax Group plc (OTCMKTS:DRXGY) Rises By 200.0%

Drax Group plc (OTCMKTS:DRXGY) was the target of a large growth in short interest during the month of July. As of July 15th, there was short interest totalling 600 shares, a growth of 200.0% from the June 30th total of 200 shares. Based on an average daily volume of 100 shares, the short-interest ratio is presently 6.0 days.

Drax Group Trading Up 0.7 %

Drax Group stock traded up $0.11 during trading hours on Friday, hitting $15.97. The stock had a trading volume of 519 shares, compared to its average volume of 888. The company has a 50-day moving average of $14.34 and a two-hundred day moving average of $12.94. Drax Group has a fifty-two week low of $9.74 and a fifty-two week high of $16.72.

About Drax Group

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.