Short Interest in Scatec ASA (OTCMKTS:STECF) Expands By 21.3%

Scatec ASA (OTCMKTS:STECF) saw a large increase in short interest during the month of July. As of July 15th, there was short interest totalling 162,900 shares, an increase of 21.3% from the June 30th total of 134,300 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is currently ∞ days.

Scatec ASA Stock Performance

OTCMKTS STECF remained flat at $5.88 during trading hours on Friday. The stock has a fifty day moving average of $5.88 and a two-hundred day moving average of $6.36. Scatec ASA has a 1 year low of $5.88 and a 1 year high of $7.95.

Scatec ASA Company Profile

Scatec ASA, together with its subsidiaries, provides renewable energy solutions worldwide. The company operates through Power Production; Services; and Development & Construction segments. It produces and sells solar, winds, and hydro generated electricity. The company also develops, builds, owns, and operates solar, wind, and hydro power plants and storage solutions.