Verbund Ag (OTCMKTS:OEZVY – Get Free Report) saw a large decline in short interest in the month of August. As of August 15th, there was short interest totalling 1,200 shares, a decline of 36.8% from the July 31st total of 1,900 shares. Based on an average daily volume of 1,800 shares, the days-to-cover ratio is currently 0.7 days.
Verbund Stock Up 5.3 %
OTCMKTS OEZVY opened at $18.98 on Wednesday. Verbund has a 1-year low of $13.41 and a 1-year high of $20.07. The firm’s fifty day simple moving average is $16.88 and its 200-day simple moving average is $15.81.
Verbund (OTCMKTS:OEZVY – Get Free Report) last posted its earnings results 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
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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