Short Interest in Verbund Ag (OTCMKTS:OEZVY) Declines By 28.6%

Verbund Ag (OTCMKTS:OEZVY) was the target of a large drop in short interest in the month of November. As of November 30th, there was short interest totalling 500 shares, a drop of 28.6% from the November 15th total of 700 shares. Based on an average daily trading volume, of 1,300 shares, the days-to-cover ratio is currently 0.4 days.

Verbund Stock Performance

OTCMKTS:OEZVY traded down $1.46 during trading hours on Friday, reaching $14.01. The company had a trading volume of 879 shares, compared to its average volume of 1,579. Verbund has a one year low of $13.41 and a one year high of $20.07. The stock has a 50-day moving average of $16.11 and a two-hundred day moving average of $16.73.

About Verbund

VERBUND AG, together with its subsidiaries, generates, trades, and sells electricity to energy exchange markets, traders, electric utilities and industrial companies, and households and commercial customers. It operates through Hydro, New Renewables, Sales, Grid, and All Other segments. The company operates hydropower plants with a capacity of 8,417 megawatts (MW); wind farms with a capacity of 798 MW; solar power with a capacity of 253 MW; and two thermal power plants.