Verbund Ag (OTCMKTS:OEZVY – Get Free Report) was the target of a significant growth in short interest in September. As of September 15th, there was short interest totaling 1,167 shares, a growth of 138.2% from the August 31st total of 490 shares. Based on an average daily trading volume, of 410 shares, the days-to-cover ratio is presently 2.8 days.
Verbund Stock Performance
Verbund stock traded up $0.06 during midday trading on Friday, reaching $14.21. The company’s stock had a trading volume of 366 shares, compared to its average volume of 760. Verbund has a 52 week low of $11.88 and a 52 week high of $17.13. The business has a 50-day moving average price of $14.04 and a 200-day moving average price of $14.23.
Verbund Company Profile
VERBUND AG is an Austrian electricity company focused primarily on the generation, trading and sale of electricity from renewable sources. Hydropower is the core of its business, supported by investments in wind power and other renewable energy activities. The company also provides energy-related services and participates in wholesale electricity markets.
Founded in 1947 as Österreichische Elektrizitätswirtschafts-AG, VERBUND was established to develop Austria’s electricity infrastructure and hydropower resources.
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