Short Interest in Verbund Ag (OTCMKTS:OEZVY) Expands By 1,800.0%

Verbund Ag (OTCMKTS:OEZVY) was the recipient of a large growth in short interest in the month of July. As of July 31st, there was short interest totalling 1,900 shares, a growth of 1,800.0% from the July 15th total of 100 shares. Based on an average daily volume of 10,100 shares, the short-interest ratio is currently 0.2 days.

Verbund Price Performance

Shares of OEZVY traded up $0.46 during mid-day trading on Monday, reaching $17.50. The company’s stock had a trading volume of 301 shares, compared to its average volume of 2,044. Verbund has a 1 year low of $13.41 and a 1 year high of $20.07. The business has a fifty day moving average of $16.53 and a 200 day moving average of $15.64.

Verbund (OTCMKTS:OEZVY) last released its earnings results on Wednesday, July 24th. The company reported $0.25 earnings per share for the quarter. The business had revenue of $2.03 billion for the quarter.

About Verbund

VERBUND AG, together with its subsidiaries, generates, trades, and sells electricity to energy exchange markets, traders, electric utilities and industrial companies, and households and commercial customers. It operates through Hydro, New Renewables, Sales, Grid, and All Other segments. The company operates hydropower plants with a capacity of 8,417 megawatts (MW); wind farms with a capacity of 798 MW; solar power with a capacity of 253 MW; and two thermal power plants.