Short Interest in Scatec ASA (OTCMKTS:STECF) Declines By 15.4%

Scatec ASA (OTCMKTS:STECF) was the recipient of a significant decrease in short interest in April. As of April 15th, there was short interest totalling 157,600 shares, a decrease 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

OTCMKTS:STECF opened at $5.88 on Monday. The stock’s fifty day moving average price is $6.09 and its two-hundred day moving average price is $9.40. Scatec ASA has a 1 year low of $5.88 and a 1 year 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.