Short Interest in Scatec ASA (OTCMKTS:STECF) Expands By 90.2%

Scatec ASA (OTCMKTS:STECF) was the recipient of a significant growth in short interest in March. As of March 31st, there was short interest totalling 378,800 shares, a growth of 90.2% from the March 15th total of 199,200 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is currently ∞ days.

STECF stock opened at $24.20 on Friday. The firm has a 50-day moving average price of $24.42. Scatec ASA has a 12 month low of $10.70 and a 12 month high of $34.98.

About Scatec ASA

Scatec ASA, together with its subsidiaries, operates as a renewable power producer worldwide. The company operates through Power Production; Services; and Development and Construction segments. It develops, builds, owns, and operates solar, wind, and hydro power plants and storage solutions. The company is also involved in engineering, procurement, construction management, operation and maintenance, and asset management of power plants.

Recommended Story: What are gap-down stocks?

Receive News & Ratings for Scatec ASA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Scatec ASA and related companies with MarketBeat.com's FREE daily email newsletter.