Technip Energies (OTCMKTS:THNPF) Sees Significant Growth in Short Interest

Technip Energies (OTCMKTS:THNPF) saw a significant increase in short interest in November. As of November 15th, there was short interest totalling 328,300 shares, an increase of 38.4% from the October 31st total of 237,200 shares. Based on an average daily volume of 200 shares, the days-to-cover ratio is currently 1,641.5 days.

Technip Energies Price Performance

Shares of Technip Energies stock remained flat at $24.83 during trading on Friday. The business has a 50-day simple moving average of $24.31 and a two-hundred day simple moving average of $24.04. Technip Energies has a twelve month low of $19.46 and a twelve month high of $26.30.

About Technip Energies

Technip Energies N.V., together with its subsidiaries, operates as an engineering and technology company for the energy transition in Europe, Russia, the Asia Pacific, Africa, the Middle East, and the Americas. The company operates in two segments, Projects Delivery; and Technology, and Products and Services.