Ørsted A/S (OTCMKTS:DNNGY – Get Free Report) was the target of a significant growth in short interest during the month of March. As of March 15th, there was short interest totalling 30,800 shares, a growth of 555.3% from the February 28th total of 4,700 shares. Based on an average trading volume of 170,400 shares, the short-interest ratio is currently 0.2 days.
Ørsted A/S Trading Down 2.1 %
Shares of OTCMKTS:DNNGY traded down $0.31 on Wednesday, hitting $14.77. 155,366 shares of the company were exchanged, compared to its average volume of 120,666. Ørsted A/S has a 1-year low of $11.73 and a 1-year high of $22.44. The stock’s 50 day moving average price is $14.23 and its 200 day moving average price is $17.08.
Analyst Ratings Changes
Separately, Morgan Stanley lowered shares of Ørsted A/S from an “overweight” rating to an “equal weight” rating in a research report 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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