Scatec ASA (OTCMKTS:STECF) Short Interest Up 69.0% in February

Scatec ASA (OTCMKTS:STECF) saw a significant increase in short interest in February. As of February 28th, there was short interest totalling 114,600 shares, an increase of 69.0% from the February 13th total of 67,800 shares. Based on an average daily trading volume, of 100 shares, the short-interest ratio is presently 1,146.0 days.

Scatec ASA Price Performance

Scatec ASA stock remained flat at $6.99 during mid-day trading on Friday. The business has a fifty day moving average price of $6.24 and a 200 day moving average price of $6.00. Scatec ASA has a 52-week low of $5.88 and a 52-week high of $7.95.

About Scatec ASA

Scatec ASA, together with its subsidiaries, provides renewable energy solutions worldwide. The company operates through Power Production; Services; and Development & Construction segments. It produces and sells solar, winds, and hydro generated electricity. The company also develops, builds, owns, and operates solar, wind, and hydro power plants and storage solutions.