Short Interest in EDP Renováveis, S.A. (OTCMKTS:EDRVF) Rises By 23.9%

EDP Renováveis, S.A. (OTCMKTS:EDRVF) was the target of a significant growth in short interest during the month of October. As of October 31st, there was short interest totalling 670,200 shares, a growth of 23.9% from the October 15th total of 540,800 shares. Based on an average daily volume of 400 shares, the days-to-cover ratio is currently 1,675.5 days.

EDP Renováveis Stock Performance

EDRVF remained flat at $11.58 on Friday. The company had a trading volume of 40 shares, compared to its average volume of 2,315. EDP Renováveis has a 1 year low of $11.58 and a 1 year high of $20.33. The firm has a 50-day moving average of $15.23 and a 200 day moving average of $15.25.

EDP Renováveis Company Profile

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.