Short Interest in Verbund Ag (OTCMKTS:OEZVY) Declines By 97.1%

Verbund Ag (OTCMKTS:OEZVY) was the target of a significant drop in short interest in the month of January. As of January 31st, there was short interest totalling 100 shares, a drop of 97.1% from the January 15th total of 3,500 shares. Based on an average trading volume of 10,200 shares, the days-to-cover ratio is presently 0.0 days.

Verbund Trading Up 2.9 %

OTCMKTS OEZVY traded up $0.44 on Wednesday, reaching $15.42. 915 shares of the stock traded hands, compared to its average volume of 3,188. Verbund has a 12 month low of $13.41 and a 12 month high of $18.98. The company has a fifty day moving average price of $15.18 and a 200-day moving average price of $16.37.

Verbund Company Profile

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.