Scatec ASA (OTCMKTS:STECF) Sees Significant Growth in Short Interest

Scatec ASA (OTCMKTS:STECF) saw a significant growth in short interest in September. As of September 15th, there was short interest totalling 245,400 shares, a growth of 17.2% from the August 31st total of 209,300 shares. Based on an average trading volume of 0 shares, the short-interest ratio is presently ∞ days.

Scatec ASA Stock Performance

OTCMKTS:STECF opened at $5.88 on Monday. The firm’s fifty day simple moving average is $5.88 and its 200 day simple moving average is $5.88. Scatec ASA has a twelve month low of $5.88 and a twelve month high of $7.95.

About Scatec ASA

Scatec ASA, together with its subsidiaries, provides renewable energy solutions worldwide. The company operates through Power Production; Services; and Development & Construction segments. It produces and sells solar, winds, and hydro generated electricity. The company also develops, builds, owns, and operates solar, wind, and hydro power plants and storage solutions.