Ørsted A/S (OTCMKTS:DNNGY) Short Interest Update

Ørsted A/S (OTCMKTS:DNNGY) was the recipient of a significant decline in short interest in November. As of November 30th, there was short interest totalling 3,500 shares, a decline of 36.4% from the November 15th total of 5,500 shares. Based on an average daily trading volume, of 149,500 shares, the days-to-cover ratio is presently 0.0 days.

Analysts Set New Price Targets

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

Ørsted A/S Stock Performance

Shares of DNNGY traded down $0.12 during trading hours on Thursday, reaching $16.41. The company had a trading volume of 78,407 shares, compared to its average volume of 58,549. Ørsted A/S has a 12-month low of $16.20 and a 12-month high of $22.44. The firm has a 50 day simple moving average of $19.27 and a 200-day simple moving average of $19.57.

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.