Equatorial Energia S.A. (OTCMKTS:EQUEY – Get Free Report) was the recipient of a significant growth in short interest in October. As of October 15th, there was short interest totaling 2,060 shares, a growth of 1,534.9% from the September 30th total of 126 shares. Based on an average trading volume of 4,275 shares, the days-to-cover ratio is presently 0.5 days.
Equatorial Energia Price Performance
Equatorial Energia stock opened at $6.56 on Tuesday. Equatorial Energia has a one year low of $6.21 and a one year high of $9.87. The business has a fifty day moving average of $8.08 and a two-hundred day moving average of $7.89.
About Equatorial Energia
Equatorial Energia SA is a Brazilian utility company engaged primarily in the distribution of electric power. Through regulated concessionaires, the company serves residential, commercial and industrial customers across several Brazilian states, including Maranhão, Pará, Piauí, Alagoas, Amapá, Goiás and Rio Grande do Sul.
The company’s operations include electricity distribution, power generation and transmission, as well as related infrastructure and utility services. Equatorial has also expanded into the sanitation sector, providing water and wastewater services through its regulated concessions.
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