Ørsted A/S (OTCMKTS:DNNGY) Sees Large Decline in Short Interest

Ørsted A/S (OTCMKTS:DNNGY) saw a significant decline in short interest in November. As of November 15th, there was short interest totalling 5,500 shares, a decline of 53.0% from the October 31st total of 11,700 shares. Based on an average daily volume of 209,600 shares, the days-to-cover ratio is presently 0.0 days.

Ørsted A/S Price Performance

Shares of OTCMKTS DNNGY traded up $0.16 during mid-day trading on Friday, hitting $18.47. The company had a trading volume of 20,231 shares, compared to its average volume of 57,304. Ørsted A/S has a 1 year low of $15.52 and a 1 year high of $22.44. The stock’s 50-day moving average price is $20.04 and its 200-day moving average price is $19.74.

About Ørsted A/S

Ørsted A/S, together with its subsidiaries, develops, constructs, owns, and operates offshore and onshore wind farms, solar farms, energy storage facilities, renewable hydrogen and green fuels facilities, and bioenergy plants. It operates through Offshore, Onshore, and Bioenergy & Other segments.