Drax Group plc (OTCMKTS:DRXGY – Get Free Report) saw a large growth in short interest in the month of December. As of December 31st, there was short interest totaling 574 shares, a growth of 43.5% from the December 15th total of 400 shares. Based on an average daily trading volume, of 1,468 shares, the short-interest ratio is presently 0.4 days. Based on an average daily trading volume, of 1,468 shares, the short-interest ratio is presently 0.4 days.
Drax Group Price Performance
Drax Group stock opened at $25.25 on Friday. The firm has a 50-day moving average of $20.99 and a two-hundred day moving average of $19.61. Drax Group has a 1 year low of $14.24 and a 1 year high of $25.25.
About Drax Group
Drax Group is a leading renewable energy company focused on power generation and sustainable biomass production. Headquartered in Selby, North Yorkshire, England, the company operates Europe’s largest decarbonization project at Drax Power Station, which has transitioned from coal to low-carbon biomass. In addition to its core generation assets, Drax Group provides balancing services and system support to the UK electricity grid, helping to maintain network stability and reliability.
The company’s biomass division includes pellet mills and production facilities across the southeastern United States, where Drax Group manufactures sustainable wood pellets from responsibly managed forests.
Featured Stories
- Five stocks we like better than Drax Group
- Elon Taking SpaceX Public! $100 Pre-IPO Opportunity!
- How a Family Trust May Be Able To Help Preserve Your Wealth
- A U.S. “birthright” claim worth trillions – activated quietly
- Executive Order 14330: Trump’s Biggest Yet
- “Fed Proof” Your Bank Account with THESE 4 Simple Steps
Receive News & Ratings for Drax Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Drax Group and related companies with MarketBeat.com's FREE daily email newsletter.
