EDP Renováveis, S.A. (OTCMKTS:EDRVF) Short Interest Update

EDP Renováveis, S.A. (OTCMKTS:EDRVFGet Free Report) was the recipient of a large decline in short interest in May. As of May 31st, there was short interest totalling 864,100 shares, a decline of 24.9% from the May 15th total of 1,151,000 shares. Based on an average daily volume of 8,300 shares, the short-interest ratio is currently 104.1 days.

EDP Renováveis Stock Performance

EDRVF traded down $1.26 during midday trading on Friday, reaching $14.75. 8,418 shares of the company were exchanged, compared to its average volume of 2,543. The company’s fifty day moving average price is $14.91 and its 200 day moving average price is $15.95. EDP Renováveis has a one year low of $12.94 and a one year high of $21.18.

About EDP Renováveis

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EDP Renováveis, SA, a renewable energy company, plans, constructs, operates, and maintains electricity power stations. The company operates wind and solar farms. As of December 31, 2023, it had an installed capacity of 6,891 megawatts in the United States; 2,042 megawatts in Spain; 1,413 megawatts in Portugal; 1,165 megawatts in Brazil; 798 megawatts in Poland; 521 megawatts in Romania; 496 megawatts in Mexico; 427 megawatts in Canada; 412 megawatts in Italy; 402 megawatts in Vietnam; 315 megawatts in Singapore; 244 megawatts in France; 123 megawatts in China; 83 megawatts in Chile; 80 megawatts in Greece; 43 megawatts in Taiwan; 11 megawatts in Belgium; 9 megawatts in the Netherlands; 7 megawatts in Thailand; and 5 megawatts in the United Kingdom.

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