Short Interest in Equatorial Energia S.A. (OTCMKTS:EQUEY) Drops By 63.4%

Equatorial Energia S.A. (OTCMKTS:EQUEY) was the target of a large drop in short interest during the month of May. As of May 31st, there was short interest totalling 3,700 shares, a drop of 63.4% from the May 15th total of 10,100 shares. Based on an average daily trading volume, of 3,200 shares, the days-to-cover ratio is presently 1.2 days.

Equatorial Energia Stock Up 0.5%

Equatorial Energia stock traded up $0.03 on Friday, reaching $6.61. 463 shares of the stock were exchanged, compared to its average volume of 2,975. Equatorial Energia has a twelve month low of $4.03 and a twelve month high of $7.18. The firm has a fifty day moving average price of $6.29 and a two-hundred day moving average price of $5.52.

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.