Ørsted A/S (OTCMKTS:DNNGY – Get Free Report) was the target of a large decrease in short interest during the month of February. As of February 28th, there was short interest totalling 4,700 shares, a decrease of 72.0% from the February 13th total of 16,800 shares. Based on an average trading volume of 195,600 shares, the short-interest ratio is currently 0.0 days.
Ørsted A/S Trading Down 2.1 %
OTCMKTS:DNNGY traded down $0.33 during trading hours on Thursday, reaching $15.47. The company had a trading volume of 34,949 shares, compared to its average volume of 130,950. Ørsted A/S has a 1-year low of $11.73 and a 1-year high of $22.44. The business’s 50 day moving average price is $14.03 and its 200-day moving average price is $17.37.
Wall Street Analysts Forecast Growth
Separately, Morgan Stanley lowered Ørsted A/S from an “overweight” rating to an “equal weight” rating in a research note on Thursday, December 5th.
Ørsted A/S Company Profile
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.
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