Scatec ASA (OTCMKTS:STECF) Short Interest Up 23.0% in April

Scatec ASA (OTCMKTS:STECF) was the recipient of a significant growth in short interest during the month of April. As of April 15th, there was short interest totalling 110,300 shares, a growth of 23.0% from the March 31st total of 89,700 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is presently 1,103.0 days.

Scatec ASA Price Performance

STECF stock opened at $7.65 on Monday. The stock has a 50-day moving average price of $7.31 and a two-hundred day moving average price of $6.40. Scatec ASA has a 12-month low of $6.99 and a 12-month high of $7.65.

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.