Clearway Energy Inc (NYSE:CWEN.A) was the recipient of a large decrease in short interest in November. As of November 29th, there was short interest totalling 445,200 shares, a decrease of 39.6% from the November 14th total of 737,500 shares. Approximately 1.4% of the company’s stock are sold short. Based on an average trading volume of 222,100 shares, the short-interest ratio is presently 2.0 days.
CWEN.A stock traded down $0.14 during midday trading on Wednesday, hitting $18.66. The stock had a trading volume of 112,818 shares. The stock’s 50-day moving average price is $18.41 and its 200-day moving average price is $17.11.
The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 16th. Shareholders of record on Monday, December 2nd will be given a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a yield of 4.29%. The ex-dividend date of this dividend is Friday, November 29th.
Clearway Energy, Inc, through its subsidiaries, acquires, owns, and operates contracted renewable energy and conventional generation, and thermal infrastructure assets in the United States. As of December 31, 2018, it had contracted generation portfolio of 5,272 net megawatts (MWs) of wind, solar, and natural gas-fired power generation facilities, as well as district energy systems.
Featured Story: Net Margin – Understanding the Different Kinds of Profit
Receive News & Ratings for Clearway Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Clearway Energy and related companies with MarketBeat.com's FREE daily email newsletter.