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

Ørsted A/S (OTCMKTS:DNNGY) saw a large increase in short interest during the month of January. As of January 31st, there was short interest totalling 4,000 shares, an increase of 233.3% from the January 15th total of 1,200 shares. Based on an average daily volume of 320,600 shares, the short-interest ratio is presently 0.0 days.

Wall Street Analysts Forecast Growth

Separately, Morgan Stanley lowered shares of Ørsted A/S from an “overweight” rating to an “equal weight” rating in a report on Thursday, December 5th.

Ørsted A/S Price Performance

Ørsted A/S stock traded down $0.27 during trading hours on Thursday, reaching $13.56. The stock had a trading volume of 134,680 shares, compared to its average volume of 155,061. Ørsted A/S has a 52 week low of $11.73 and a 52 week high of $22.44. The company has a fifty day simple moving average of $14.50 and a 200-day simple moving average of $18.06.

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.