RWE Aktiengesellschaft (OTCMKTS:RWEOY) Sees Large Decline in Short Interest

RWE Aktiengesellschaft (OTCMKTS:RWEOY) was the target of a significant decline in short interest in December. As of December 15th, there was short interest totalling 700 shares, a decline of 96.9% from the November 30th total of 22,900 shares. Based on an average daily volume of 363,700 shares, the short-interest ratio is currently 0.0 days.

Analyst Upgrades and Downgrades

Separately, Barclays raised RWE Aktiengesellschaft to a “strong-buy” rating in a report on Monday, September 30th.

RWE Aktiengesellschaft Price Performance

RWEOY traded up $0.11 on Friday, hitting $29.64. 280,936 shares of the company’s stock were exchanged, compared to its average volume of 90,357. The firm has a 50-day moving average price of $32.11 and a 200-day moving average price of $34.37. The stock has a market cap of $20.04 billion, a price-to-earnings ratio of 7.19 and a beta of 0.91. The company has a current ratio of 1.55, a quick ratio of 1.42 and a debt-to-equity ratio of 0.45. RWE Aktiengesellschaft has a fifty-two week low of $28.71 and a fifty-two week high of $45.63.

RWE Aktiengesellschaft Company Profile

RWE Aktiengesellschaft generates and supplies electricity from renewable and conventional sources in Germany, the United Kingdom, rest of Europe, North America, and internationally. It operates through five segments: Offshore Wind; Onshore Wind/Solar; Hydro/Biomass/Gas; Supply & Trading; and Coal/Nuclear.