Equatorial Energia S.A. (OTCMKTS:EQUEY) Sees Large Drop in Short Interest

Equatorial Energia S.A. (OTCMKTS:EQUEY) saw a large decline in short interest in December. As of December 31st, there was short interest totalling 10,100 shares, a decline of 21.7% from the December 15th total of 12,900 shares. Based on an average trading volume of 2,200 shares, the days-to-cover ratio is presently 4.6 days.

Equatorial Energia Stock Performance

OTCMKTS EQUEY traded down $0.11 during trading on Friday, hitting $4.66. The stock had a trading volume of 402 shares, compared to its average volume of 4,982. The firm has a 50 day moving average price of $4.98 and a 200 day moving average price of $5.73. Equatorial Energia has a twelve month low of $4.03 and a twelve month high of $7.18.

About Equatorial Energia

Equatorial Energia SA, through its subsidiaries, engages in the electricity generation, distribution, transmission, and sanitation operations in Brazil. It operates through Distribution, Transmission, Wind Generation, Services, Sanitation, and Other segments. The company generates energy from wind, solar, biomass, qualified co-generation, and hydroelectric plants.