Verbund Ag (OTCMKTS:OEZVY) Shares Shorted: Short Interest Up 138.2% in September

Verbund Ag (OTCMKTS:OEZVY) was the recipient of a large growth in short interest during the month of September. As of September 15th, there was short interest totaling 1,167 shares, a growth of 138.2% from the August 31st total of 490 shares. Based on an average trading volume of 410 shares, the days-to-cover ratio is presently 2.8 days.

Verbund Trading Up 0.4%

OTCMKTS OEZVY traded up $0.06 on Friday, hitting $14.21. The company’s stock had a trading volume of 366 shares, compared to its average volume of 760. Verbund has a 1-year low of $11.88 and a 1-year high of $17.13. The company’s 50-day moving average is $14.04 and its 200 day moving average is $14.23.

Verbund Company Profile

VERBUND AG is an Austrian electricity company focused primarily on the generation, trading and sale of electricity from renewable sources. Hydropower is the core of its business, supported by investments in wind power and other renewable energy activities. The company also provides energy-related services and participates in wholesale electricity markets.

Founded in 1947 as Österreichische Elektrizitätswirtschafts-AG, VERBUND was established to develop Austria’s electricity infrastructure and hydropower resources.