Scatec ASA (OTCMKTS:STECF – Get Free Report) was the recipient of a large growth in short interest during the month of April. As of April 30th, there was short interest totaling 169,081 shares, a growth of 79.2% from the April 15th total of 94,330 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is presently ∞ days.
Scatec ASA Price Performance
Shares of OTCMKTS STECF opened at $12.60 on Monday. Scatec ASA has a one year low of $9.40 and a one year high of $12.60. The business’s fifty day moving average price is $12.60 and its 200-day moving average price is $11.68.
About Scatec ASA
Scatec ASA is a Norway-based renewable energy company that develops, builds, owns and operates utility-scale power plants worldwide. Founded in 2007 as Scatec Solar ASA, the company has broadened its portfolio beyond photovoltaic projects to include hydropower, onshore wind and energy storage solutions. Through end-to-end capabilities in project development, engineering, procurement and construction (EPC), as well as long-term operation and maintenance (O&M) services, Scatec delivers clean energy assets under fixed-price power purchase agreements (PPAs).
With a strategic focus on emerging and frontier markets, Scatec designs and executes projects across Africa, Asia, Latin America and Europe.
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