Equatorial Energia S.A. (OTCMKTS:EQUEY) Short Interest Up 18.0% in January

Equatorial Energia S.A. (OTCMKTS:EQUEY) was the target of a significant increase in short interest in January. As of January 31st, there was short interest totalling 11,800 shares, an increase of 18.0% from the January 15th total of 10,000 shares. Based on an average trading volume of 600 shares, the short-interest ratio is presently 19.7 days.

Equatorial Energia Price Performance

OTCMKTS EQUEY remained flat at $5.38 during trading on Friday. The company’s stock had a trading volume of 8 shares, compared to its average volume of 2,923. The business’s 50 day simple moving average is $4.83 and its two-hundred day simple moving average is $5.59. Equatorial Energia has a one year low of $4.03 and a one year high of $7.18.

Equatorial Energia Cuts Dividend

The firm also recently announced a dividend, which will be paid on Thursday, February 27th. Shareholders of record on Friday, February 21st will be issued a dividend of $0.0015 per share. The ex-dividend date of this dividend is Friday, February 21st. Equatorial Energia’s dividend payout ratio is presently 29.66%.

Equatorial Energia Company Profile

Equatorial Energia SA, through its subsidiaries, engages in the electricity generation, distribution, transmission, and sanitation operations in Brazil. It operates through Distribution, Transmission, Wind Generation, Services, Sanitation, and Other segments. The company generates energy from wind, solar, biomass, qualified co-generation, and hydroelectric plants.