Ørsted A/S (OTCMKTS:DOGEF – Get Free Report) was the target of a significant drop in short interest during the month of September. As of September 30th, there was short interest totaling 1,125,796 shares, a drop of 41.2% from the September 15th total of 1,914,199 shares. Based on an average daily volume of 785 shares, the short-interest ratio is presently 1,434.1 days.
Ørsted A/S Trading Down 2.1%
OTCMKTS:DOGEF opened at $18.73 on Friday. The stock has a 50-day simple moving average of $21.13 and a 200 day simple moving average of $23.16. Ørsted A/S has a one year low of $16.98 and a one year high of $27.67.
About Ørsted A/S
Ørsted A/S is a Denmark-based renewable energy company focused primarily on developing, constructing, owning and operating offshore wind farms. Its activities also include onshore wind, solar power, battery storage and other renewable energy projects, as well as related energy-management and power-trading services.
The company was established in 1972 as Dansk Naturgas, later known as DONG Energy, with roots in Denmark’s oil and natural gas industry. It shifted its focus toward renewable energy and was renamed Ørsted in 2017 in honor of Danish scientist Hans Christian Ørsted.
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