Equatorial Energia S.A. (OTCMKTS:EQUEY) Short Interest Up 18.0% in January

Equatorial Energia S.A. (OTCMKTS:EQUEYGet Free Report) saw a large growth in short interest during the month of January. As of January 31st, there was short interest totalling 11,800 shares, a growth of 18.0% from the January 15th total of 10,000 shares. Based on an average daily trading volume, of 600 shares, the days-to-cover ratio is presently 19.7 days.

Equatorial Energia Stock Performance

OTCMKTS:EQUEY opened at $5.38 on Monday. The company has a fifty day moving average of $4.83 and a 200 day moving average of $5.59. Equatorial Energia has a 52 week low of $4.03 and a 52 week high of $7.18.

Equatorial Energia Cuts Dividend

The company also recently declared a dividend, which will be paid on Thursday, February 27th. Investors of record on Friday, February 21st will be issued a dividend of $0.0015 per share. The ex-dividend date is Friday, February 21st. Equatorial Energia’s dividend payout ratio is currently 29.66%.

About Equatorial Energia

(Get Free Report)

Equatorial Energia SA, through its subsidiaries, engages in the electricity generation, distribution, transmission, and sanitation operations in Brazil. It operates through Distribution, Transmission, Wind Generation, Services, Sanitation, and Other segments. The company generates energy from wind, solar, biomass, qualified co-generation, and hydroelectric plants.

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