Short Interest in EDP Renováveis, S.A. (OTCMKTS:EDRVF) Grows By 43.7%

EDP Renováveis, S.A. (OTCMKTS:EDRVF) was the target of a significant growth in short interest during the month of December. As of December 15th, there was short interest totalling 393,700 shares, a growth of 43.7% from the November 30th total of 273,900 shares. Based on an average trading volume of 9,800 shares, the days-to-cover ratio is presently 40.2 days.

EDP Renováveis Stock Down 2.9 %

Shares of OTCMKTS:EDRVF traded down $0.30 during trading on Monday, hitting $9.93. 400 shares of the company were exchanged, compared to its average volume of 3,242. EDP Renováveis has a 1-year low of $9.79 and a 1-year high of $20.29. The business’s 50 day moving average is $11.81 and its 200-day moving average is $14.24.

EDP Renováveis Company Profile

EDP Renováveis, SA, a renewable energy company, plans, constructs, operates, and maintains electricity power stations. The company operates wind and solar farms. As of December 31, 2023, it had an installed capacity of 6,891 megawatts in the United States; 2,042 megawatts in Spain; 1,413 megawatts in Portugal; 1,165 megawatts in Brazil; 798 megawatts in Poland; 521 megawatts in Romania; 496 megawatts in Mexico; 427 megawatts in Canada; 412 megawatts in Italy; 402 megawatts in Vietnam; 315 megawatts in Singapore; 244 megawatts in France; 123 megawatts in China; 83 megawatts in Chile; 80 megawatts in Greece; 43 megawatts in Taiwan; 11 megawatts in Belgium; 9 megawatts in the Netherlands; 7 megawatts in Thailand; and 5 megawatts in the United Kingdom.