Scatec ASA (OTCMKTS:STECF) Sees Large Decrease in Short Interest

Scatec ASA (OTCMKTS:STECF) saw a significant drop in short interest in December. As of December 31st, there was short interest totalling 103,500 shares, a drop of 56.6% from the December 15th total of 238,600 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ∞ days.

Scatec ASA Price Performance

Scatec ASA stock opened at $5.88 on Tuesday. The stock has a 50-day simple moving average of $5.88 and a 200 day simple moving average of $5.88. Scatec ASA has a 12-month low of $5.88 and a 12-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.