Short Interest in EDP Renováveis, S.A. (OTCMKTS:EDRVF) Drops By 5.4%

EDP Renováveis, S.A. (OTCMKTS:EDRVF) was the recipient of a significant drop in short interest in the month of April. As of April 15th, there was short interest totalling 1,195,300 shares, a drop of 5.4% from the March 31st total of 1,263,400 shares. Based on an average daily volume of 2,400 shares, the days-to-cover ratio is currently 498.0 days.

EDP Renováveis Trading Down 2.0 %

EDRVF stock traded down $0.28 during midday trading on Tuesday, reaching $13.43. 148 shares of the company’s stock traded hands, compared to its average volume of 2,155. EDP Renováveis has a 52 week low of $12.94 and a 52 week high of $22.70. The company has a 50-day moving average price of $13.99 and a two-hundred day moving average price of $16.14.

About EDP Renováveis

EDP Renováveis, SA, a renewable energy company, plans, constructs, operates, and maintains electricity power stations. The company operates wind and solar farms. As of December 31, 2023, it had an installed capacity of 6,891 megawatts in the United States; 2,042 megawatts in Spain; 1,413 megawatts in Portugal; 1,165 megawatts in Brazil; 798 megawatts in Poland; 521 megawatts in Romania; 496 megawatts in Mexico; 427 megawatts in Canada; 412 megawatts in Italy; 402 megawatts in Vietnam; 315 megawatts in Singapore; 244 megawatts in France; 123 megawatts in China; 83 megawatts in Chile; 80 megawatts in Greece; 43 megawatts in Taiwan; 11 megawatts in Belgium; 9 megawatts in the Netherlands; 7 megawatts in Thailand; and 5 megawatts in the United Kingdom.