Scatec ASA (OTCMKTS:STECF) Short Interest Down 15.4% in April

Scatec ASA (OTCMKTS:STECF) was the target of a significant drop in short interest in April. As of April 15th, there was short interest totalling 157,600 shares, a drop of 15.4% from the March 31st total of 186,200 shares. Based on an average daily volume of 100 shares, the short-interest ratio is presently 1,576.0 days.

Scatec ASA Stock Performance

OTCMKTS:STECF opened at $5.88 on Wednesday. The stock has a 50-day simple moving average of $6.00 and a 200 day simple moving average of $9.30. Scatec ASA has a one year low of $5.88 and a one year high of $7.95.

About Scatec ASA

Scatec ASA, together with its subsidiaries, provides renewable energy solutions worldwide. The company operates through Power Production; Services; and Development & Construction segments. It produces and sells solar, winds, and hydro generated electricity. The company also develops, builds, owns, and operates solar, wind, and hydro power plants and storage solutions.