Short Interest in Scatec ASA (OTCMKTS:STECF) Expands By 17.2%

Scatec ASA (OTCMKTS:STECF) was the target of a significant growth in short interest in September. As of September 15th, there was short interest totalling 245,400 shares, a growth of 17.2% from the August 31st total of 209,300 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ∞ days.

Scatec ASA Price Performance

OTCMKTS STECF opened at $5.88 on Friday. The business’s fifty day moving average is $5.88 and its 200 day moving average is $5.88. Scatec ASA has a twelve month low of $5.88 and a twelve month high of $7.95.

About Scatec ASA

Scatec ASA, together with its subsidiaries, provides renewable energy solutions worldwide. The company operates through Power Production; Services; and Development & Construction segments. It produces and sells solar, winds, and hydro generated electricity. The company also develops, builds, owns, and operates solar, wind, and hydro power plants and storage solutions.