Short Interest in Scatec ASA (OTCMKTS:STECF) Declines By 56.6%

Scatec ASA (OTCMKTS:STECF) saw a significant decrease in short interest during the month of December. As of December 31st, there was short interest totalling 103,500 shares, a decrease of 56.6% from the December 15th total of 238,600 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Scatec ASA Stock Performance

OTCMKTS STECF opened at $5.88 on Thursday. Scatec ASA has a one year low of $5.88 and a one year high of $7.95. The company’s 50 day moving average price is $5.88 and its 200 day moving average price is $5.88.

About Scatec ASA

Scatec ASA, together with its subsidiaries, provides renewable energy solutions worldwide. The company operates through Power Production; Services; and Development & Construction segments. It produces and sells solar, winds, and hydro generated electricity. The company also develops, builds, owns, and operates solar, wind, and hydro power plants and storage solutions.