Scatec ASA (OTCMKTS:STECF) Short Interest Up 28.1% in December

Scatec ASA (OTCMKTS:STECF – Get Rating) saw a large increase in short interest in December. As of December 30th, there was short interest totalling 333,800 shares, an increase of 28.1% from the December 15th total of 260,600 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is currently ∞ days.

Scatec ASA Price Performance

OTCMKTS STECF opened at $13.30 on Friday. Scatec ASA has a one year low of $9.00 and a one year high of $20.16. The business has a fifty day moving average price of $13.30 and a 200 day moving average price of $13.30.

About Scatec ASA

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Scatec ASA, together with its subsidiaries, operates as a renewable power producer worldwide. The company operates through Power Production; Services; and Development and Construction segments. It develops, builds, owns, and operates solar, wind, and hydro power plants and storage solutions. The company is also involved in the engineering, procurement, construction, operation, maintenance, and asset management of power plants.