Ørsted A/S (OTCMKTS:DNNGY – Get Free Report) saw a large growth in short interest during the month of March. As of March 15th, there was short interest totalling 30,800 shares, a growth of 555.3% from the February 28th total of 4,700 shares. Based on an average trading volume of 170,400 shares, the short-interest ratio is currently 0.2 days.
Ørsted A/S Stock Up 1.0 %
OTCMKTS:DNNGY traded up $0.15 during mid-day trading on Thursday, reaching $14.92. The company’s stock had a trading volume of 65,207 shares, compared to its average volume of 119,623. Ørsted A/S has a twelve month low of $11.73 and a twelve month high of $22.44. The company’s fifty day simple moving average is $14.23 and its two-hundred day simple moving average is $17.08.
Wall Street Analyst Weigh In
Separately, Morgan Stanley cut Ørsted A/S from an “overweight” rating to an “equal weight” rating in a report on Thursday, December 5th.
Ørsted A/S Company Profile
Ørsted A/S, together with its subsidiaries, develops, constructs, owns, and operates offshore and onshore wind farms, solar farms, energy storage facilities, renewable hydrogen and green fuels facilities, and bioenergy plants. It operates through Offshore, Onshore, and Bioenergy & Other segments.
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