Equatorial Energia S.A. (OTCMKTS:EQUEY – Get Free Report) saw a large increase in short interest in May. As of May 29th, there was short interest totaling 1,386 shares, an increase of 1,908.7% from the May 14th total of 69 shares. Based on an average trading volume of 25,636 shares, the days-to-cover ratio is currently 0.1 days.
Equatorial Energia Price Performance
OTCMKTS EQUEY opened at $7.73 on Wednesday. Equatorial Energia has a twelve month low of $6.02 and a twelve month high of $9.59. The business’s fifty day moving average is $8.22 and its 200 day moving average is $7.77.
About Equatorial Energia
Equatorial Energia SA, trading on the OTC market under the symbol EQUEY, is a Brazilian energy holding company headquartered in São Luís, Maranhão. Founded in 1998, the company has grown through strategic acquisitions and concession awards to become one of the leading electricity distributors in northern Brazil. Its core business encompasses the distribution of electric power, which represents the bulk of its operations.
Equatorial’s distribution network serves over eight million customers across eight Brazilian states, including Maranhão, Pará, Piauí and Amazonas.
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