Polaris Renewable Energy Inc. (OTCMKTS:RAMPF) Sees Large Decrease in Short Interest

Polaris Renewable Energy Inc. (OTCMKTS:RAMPF) was the recipient of a large decline in short interest in the month of April. As of April 15th, there was short interest totalling 32,400 shares, a decline of 46.7% from the March 31st total of 60,800 shares. Based on an average daily volume of 2,400 shares, the short-interest ratio is currently 13.5 days.

Polaris Renewable Energy Trading Up 0.1 %

Shares of RAMPF traded up $0.01 during trading hours on Friday, hitting $8.51. 1,486 shares of the stock were exchanged, compared to its average volume of 1,893. Polaris Renewable Energy has a fifty-two week low of $7.94 and a fifty-two week high of $11.77. The business has a 50-day moving average of $8.53 and a 200-day moving average of $9.29.

Polaris Renewable Energy Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, February 23rd. Shareholders of record on Monday, February 12th were issued a dividend of $0.15 per share. The ex-dividend date of this dividend was Friday, February 9th. This represents a $0.60 dividend on an annualized basis and a yield of 7.05%.

Polaris Renewable Energy Company Profile

Polaris Renewable Energy Inc engages in the acquisition, exploration, development, and operation of renewable energy projects in Latin America. It operates 82 megawatts (MW) net geothermal facility in Nicaragua; and 3 run-of-river hydroelectric facilities in Peru, with combined capacity of approximately 33 MW; a 25 MW solar plant facility in the Dominican Republic; a 6 MW run-of-river hydroelectric facility in Ecuador; and a 10 MW solar plant in Panama.