Encavis AG (OTCMKTS:ENCVF) Sees Large Decline in Short Interest

Encavis AG (OTCMKTS:ENCVF) was the recipient of a large decrease in short interest in the month of October. As of October 31st, there was short interest totalling 23,500 shares, a decrease of 20.9% from the October 15th total of 29,700 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is currently ∞ days.

Encavis Price Performance

Encavis stock remained flat at C$13.21 during mid-day trading on Friday. Encavis has a 52 week low of C$13.21 and a 52 week high of C$18.57. The company’s fifty day simple moving average is C$13.21 and its two-hundred day simple moving average is C$13.21.

About Encavis

Encavis AG, an independent power producer, acquires and operates solar and onshore wind parks in Germany, Italy, Spain, France, Denmark, the Netherlands, the United Kingdom, Finland, Sweden, Ireland, and Lithuania. It operates through PV Parks, Service, Wind Parks, and Asset Management segments. The company's renewable energy plant portfolio includes 230 solar parks and 90 wind farms with a capacity of approximately 3.5 gigawatts.