Orrön Energy AB (publ) (OTCMKTS:LNDNF) Sees Significant Decrease in Short Interest

Orrön Energy AB (publ) (OTCMKTS:LNDNF) saw a large decrease in short interest during the month of March. As of March 15th, there was short interest totalling 2,600 shares, a decrease of 61.8% from the February 28th total of 6,800 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is presently 26.0 days.

Orrön Energy AB (publ) Price Performance

Shares of LNDNF stock remained flat at $0.44 during trading hours on Friday. The company’s 50-day moving average price is $0.55 and its 200 day moving average price is $0.62. Orrön Energy AB has a 52-week low of $0.44 and a 52-week high of $0.85.

Orrön Energy AB (publ) Company Profile

Orrön Energy AB (publ) operates as an independent renewable energy company in the Nordics, the United Kingdom, Germany, and France. It owns and operates wind turbines with installed capacity of 300 MW and Karskruv wind farm with installed capacity of 86 MW in Sweden; Metsälamminkangas wind farms in Finland with installed capacity of 132 MW; and Leikanger hydropower plant in Norway with capacity of 77 MW.