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

Polaris Renewable Energy Inc. (OTCMKTS:RAMPFGet Free Report) was the recipient of a large drop in short interest in the month of March. As of March 15th, there was short interest totalling 83,000 shares, a drop of 18.2% from the February 28th total of 101,500 shares. Based on an average trading volume of 5,400 shares, the short-interest ratio is currently 15.4 days.

Polaris Renewable Energy Stock Down 1.0 %

OTCMKTS RAMPF opened at $8.15 on Tuesday. The stock has a 50-day moving average of $8.59 and a 200 day moving average of $8.94. Polaris Renewable Energy has a twelve month low of $7.94 and a twelve month high of $10.60.

Polaris Renewable Energy Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Monday, February 17th were paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 7.36%. The ex-dividend date of this dividend was Monday, February 17th.

Polaris Renewable Energy Company Profile

(Get Free Report)

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.

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