Verbund Ag (OTCMKTS:OEZVY) Sees Significant Growth in Short Interest

Verbund Ag (OTCMKTS:OEZVY) was the recipient of a significant increase in short interest in the month of February. As of February 15th, there was short interest totalling 300 shares, an increase of 200.0% from the January 31st total of 100 shares. Based on an average daily volume of 1,100 shares, the days-to-cover ratio is presently 0.3 days.

Verbund Stock Down 2.5 %

Shares of Verbund stock traded down $0.39 on Friday, hitting $14.92. The stock had a trading volume of 120 shares, compared to its average volume of 2,865. The stock’s 50-day simple moving average is $15.28 and its two-hundred day simple moving average is $16.26. Verbund has a one year low of $13.83 and a one year high of $18.98.

About Verbund

VERBUND AG, together with its subsidiaries, generates, trades, and sells electricity to energy exchange markets, traders, electric utilities and industrial companies, and households and commercial customers. It operates through Hydro, New Renewables, Sales, Grid, and All Other segments. The company operates hydropower plants with a capacity of 8,417 megawatts (MW); wind farms with a capacity of 798 MW; solar power with a capacity of 253 MW; and two thermal power plants.