RWE Aktiengesellschaft (OTCMKTS:RWEOY) Sees Significant Drop in Short Interest

RWE Aktiengesellschaft (OTCMKTS:RWEOY) was the target of a large drop in short interest during the month of November. As of November 30th, there was short interest totalling 22,900 shares, a drop of 34.8% from the November 15th total of 35,100 shares. Based on an average daily trading volume, of 421,500 shares, the short-interest ratio is presently 0.1 days.

RWE Aktiengesellschaft Trading Down 2.0 %

RWEOY traded down $0.61 on Friday, hitting $30.64. The company had a trading volume of 144,753 shares, compared to its average volume of 86,454. RWE Aktiengesellschaft has a 1 year low of $30.14 and a 1 year high of $46.13. The firm has a market cap of $20.72 billion, a P/E ratio of 7.44 and a beta of 0.91. The company’s fifty day moving average price is $33.09 and its 200 day moving average price is $34.93. The company has a current ratio of 1.55, a quick ratio of 1.42 and a debt-to-equity ratio of 0.45.

Wall Street Analyst Weigh In

Separately, Barclays upgraded RWE Aktiengesellschaft to a “strong-buy” rating in a report on Monday, September 30th.

About RWE Aktiengesellschaft

RWE Aktiengesellschaft generates and supplies electricity from renewable and conventional sources in Germany, the United Kingdom, rest of Europe, North America, and internationally. It operates through five segments: Offshore Wind; Onshore Wind/Solar; Hydro/Biomass/Gas; Supply & Trading; and Coal/Nuclear.