Equatorial Energia S.A. (OTCMKTS:EQUEY – Get Free Report) was the target of a large growth in short interest in the month of May. As of May 29th, there was short interest totaling 1,386 shares, a growth of 1,908.7% from the May 14th total of 69 shares. Based on an average daily trading volume, of 25,636 shares, the days-to-cover ratio is presently 0.1 days.
Equatorial Energia Stock Performance
Shares of Equatorial Energia stock opened at $7.49 on Thursday. The stock’s fifty day moving average price is $8.21 and its 200-day moving average price is $7.78. Equatorial Energia has a 12 month low of $6.02 and a 12 month high of $9.59.
Equatorial Energia Company Profile
Equatorial Energia SA, trading on the OTC market under the symbol EQUEY, is a Brazilian energy holding company headquartered in São Luís, Maranhão. Founded in 1998, the company has grown through strategic acquisitions and concession awards to become one of the leading electricity distributors in northern Brazil. Its core business encompasses the distribution of electric power, which represents the bulk of its operations.
Equatorial’s distribution network serves over eight million customers across eight Brazilian states, including Maranhão, Pará, Piauí and Amazonas.
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