Short Interest in Equatorial Energia S.A. (OTCMKTS:EQUEY) Rises By 10.0%

Equatorial Energia S.A. (OTCMKTS:EQUEY) saw a large growth in short interest during the month of July. As of July 15th, there was short interest totalling 3,300 shares, a growth of 10.0% from the June 30th total of 3,000 shares. Based on an average trading volume of 1,600 shares, the short-interest ratio is presently 2.1 days.

Equatorial Energia Stock Performance

OTCMKTS:EQUEY opened at $5.75 on Thursday. Equatorial Energia has a 52 week low of $5.35 and a 52 week high of $7.28. The firm has a 50-day moving average price of $5.87 and a two-hundred day moving average price of $6.35.

Equatorial Energia Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, June 14th. Stockholders of record on Tuesday, June 11th were paid a dividend of $0.0051 per share. The ex-dividend date of this dividend was Monday, June 10th. This represents a dividend yield of 0.09%. Equatorial Energia’s payout ratio is currently 29.66%.

About Equatorial Energia

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.