Equatorial Energia S.A. (OTCMKTS:EQUEY – Get Free Report) saw a large drop in short interest in the month of June. As of June 15th, there was short interest totaling 98 shares, a drop of 92.9% from the May 31st total of 1,386 shares. Based on an average trading volume of 4,584 shares, the short-interest ratio is currently 0.0 days.
Equatorial Energia Price Performance
Shares of OTCMKTS:EQUEY remained flat at $7.31 during trading on Friday. The stock had a trading volume of 67 shares, compared to its average volume of 4,334. The company has a 50-day simple moving average of $8.01 and a two-hundred day simple moving average of $7.78. Equatorial Energia has a fifty-two week low of $6.02 and a fifty-two week high of $9.59.
About Equatorial Energia
Equatorial Energia SA, trading on the OTC market under the symbol EQUEY, is a Brazilian energy holding company headquartered in São Luís, Maranhão. Founded in 1998, the company has grown through strategic acquisitions and concession awards to become one of the leading electricity distributors in northern Brazil. Its core business encompasses the distribution of electric power, which represents the bulk of its operations.
Equatorial’s distribution network serves over eight million customers across eight Brazilian states, including Maranhão, Pará, Piauí and Amazonas.
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