Polaris Renewable Energy Inc. (OTCMKTS:RAMPF) Short Interest Up 21.1% in February

Polaris Renewable Energy Inc. (OTCMKTS:RAMPF) was the recipient of a significant increase in short interest in February. As of February 28th, there was short interest totalling 101,500 shares, an increase of 21.1% from the February 13th total of 83,800 shares. Based on an average daily trading volume, of 3,900 shares, the short-interest ratio is currently 26.0 days.

Polaris Renewable Energy Trading Down 0.2 %

RAMPF traded down $0.02 on Wednesday, hitting $8.49. 1,494 shares of the company were exchanged, compared to its average volume of 2,573. The business’s fifty day moving average is $8.73 and its 200 day moving average is $8.98. Polaris Renewable Energy has a fifty-two week low of $7.94 and a fifty-two week high of $10.60.

Polaris Renewable Energy Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Monday, February 17th were paid a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 7.07%. The ex-dividend date of this dividend was Monday, February 17th.

Polaris Renewable Energy Company Profile

Polaris Renewable Energy Inc engages in the acquisition, exploration, development, and operation of renewable energy projects in Latin America. It operates 82 megawatts (MW) net geothermal facility in Nicaragua; and 3 run-of-river hydroelectric facilities in Peru, with combined capacity of approximately 33 MW; a 25 MW solar plant facility in the Dominican Republic; a 6 MW run-of-river hydroelectric facility in Ecuador; and a 10 MW solar plant in Panama.