Scatec ASA (OTCMKTS:STECF) Sees Large Decrease in Short Interest

Scatec ASA (OTCMKTS:STECF) saw a large drop in short interest in the month of April. As of April 15th, there was short interest totalling 157,600 shares, a drop of 15.4% from the March 31st total of 186,200 shares. Based on an average trading volume of 100 shares, the short-interest ratio is currently 1,576.0 days.

Scatec ASA Stock Performance

STECF stock opened at $5.88 on Tuesday. Scatec ASA has a one year low of $5.88 and a one year high of $7.95. The company has a fifty day moving average of $6.05 and a 200-day moving average of $9.35.

Scatec ASA Company Profile

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.