Ørsted A/S (OTCMKTS:DNNGY) Sees Significant Decrease in Short Interest

Ørsted A/S (OTCMKTS:DNNGY) was the recipient of a large drop in short interest in December. As of December 15th, there was short interest totaling 19,333 shares, a drop of 46.3% from the November 30th total of 36,009 shares. Based on an average trading volume of 433,935 shares, the days-to-cover ratio is presently 0.0 days. Based on an average trading volume of 433,935 shares, the days-to-cover ratio is presently 0.0 days.

Ørsted A/S Trading Down 0.4%

Shares of DNNGY stock opened at $6.18 on Friday. Ørsted A/S has a 1 year low of $5.75 and a 1 year high of $33.02. The firm’s 50 day moving average is $6.77 and its 200-day moving average is $11.54.

About Ørsted A/S

Ørsted A/S (OTCMKTS:DNNGY) is a Denmark-based renewable energy company that specializes in the development, construction and operation of offshore wind farms. Formerly known as DONG Energy until its rebranding in 2017 to honor Danish scientist Hans Christian Ørsted, the company has grown into a global leader in offshore wind power and green energy solutions.

The company’s core activities include the full lifecycle management of offshore wind projects, encompassing site identification, engineering, turbine installation and long-term operations and maintenance.