Polaris Renewable Energy Inc. (OTCMKTS:RAMPF) Short Interest Update

Polaris Renewable Energy Inc. (OTCMKTS:RAMPF) saw a large growth in short interest during the month of February. As of February 28th, there was short interest totalling 101,500 shares, a growth of 21.1% from the February 13th total of 83,800 shares. Based on an average daily volume of 3,900 shares, the days-to-cover ratio is currently 26.0 days.

Polaris Renewable Energy Price Performance

OTCMKTS:RAMPF traded up $0.23 on Tuesday, hitting $8.50. The company had a trading volume of 767 shares, compared to its average volume of 2,602. Polaris Renewable Energy has a 52 week low of $7.94 and a 52 week high of $10.60. The firm has a 50 day moving average of $8.75 and a two-hundred day moving average of $8.98.

Polaris Renewable Energy Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Monday, February 17th were paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 7.06%. The ex-dividend date was Monday, February 17th.

About Polaris Renewable Energy

Polaris Renewable Energy Inc engages in the acquisition, exploration, development, and operation of renewable energy projects in Latin America. It operates 82 megawatts (MW) net geothermal facility in Nicaragua; and 3 run-of-river hydroelectric facilities in Peru, with combined capacity of approximately 33 MW; a 25 MW solar plant facility in the Dominican Republic; a 6 MW run-of-river hydroelectric facility in Ecuador; and a 10 MW solar plant in Panama.