Short Interest in Polaris Renewable Energy Inc. (OTCMKTS:RAMPF) Increases By 21.1%

Polaris Renewable Energy Inc. (OTCMKTS:RAMPF) saw a large growth in short interest in the month of February. As of February 28th, there was short interest totalling 101,500 shares, a growth of 21.1% from the February 13th total of 83,800 shares. Based on an average daily volume of 3,900 shares, the days-to-cover ratio is currently 26.0 days.

Polaris Renewable Energy Trading Down 0.2 %

Shares of RAMPF stock opened at $8.49 on Thursday. Polaris Renewable Energy has a twelve month low of $7.94 and a twelve month high of $10.60. The stock has a fifty day simple moving average of $8.72 and a two-hundred day simple moving average of $8.97.

Polaris Renewable Energy Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Monday, February 17th were paid a $0.15 dividend. The ex-dividend date of this dividend was Monday, February 17th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 7.07%.

Polaris Renewable Energy Company Profile

Polaris Renewable Energy Inc engages in the acquisition, exploration, development, and operation of renewable energy projects in Latin America. It operates 82 megawatts (MW) net geothermal facility in Nicaragua; and 3 run-of-river hydroelectric facilities in Peru, with combined capacity of approximately 33 MW; a 25 MW solar plant facility in the Dominican Republic; a 6 MW run-of-river hydroelectric facility in Ecuador; and a 10 MW solar plant in Panama.