Verbund Ag (OTCMKTS:OEZVY) Sees Large Increase in Short Interest

Verbund Ag (OTCMKTS:OEZVYGet Free Report) was the target of a large increase in short interest during the month of September. As of September 15th, there was short interest totalling 400 shares, an increase of 33.3% from the August 31st total of 300 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is currently 4.0 days.

Verbund Stock Performance

Shares of OTCMKTS OEZVY remained flat at $17.12 during midday trading on Friday. The firm has a 50-day simple moving average of $17.60 and a two-hundred day simple moving average of $16.39. Verbund has a 1 year low of $13.41 and a 1 year high of $20.07.

Verbund (OTCMKTS:OEZVYGet Free Report) last issued its quarterly earnings data on Wednesday, July 24th. The company reported $0.25 earnings per share for the quarter. The company had revenue of $2.03 billion for the quarter.

About Verbund

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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.

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