Verbund Ag (OTCMKTS:OEZVY) Sees Significant Increase in Short Interest

Verbund Ag (OTCMKTS:OEZVY) was the target of a large growth in short interest during the month of February. As of February 15th, there was short interest totalling 300 shares, a growth of 200.0% from the January 31st total of 100 shares. Based on an average trading volume of 1,100 shares, the days-to-cover ratio is presently 0.3 days.

Verbund Stock Performance

Shares of OEZVY traded down $0.39 during trading hours on Friday, reaching $14.92. 120 shares of the company’s stock traded hands, compared to its average volume of 2,865. Verbund has a 12 month low of $13.83 and a 12 month high of $18.98. The firm’s 50 day simple moving average is $15.28 and its 200-day simple moving average is $16.26.

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.