Ørsted A/S (OTCMKTS:DOGEF) Sees Significant Decrease in Short Interest

Ørsted A/S (OTCMKTS:DOGEF – Get Free Report) saw a significant drop in short interest in September. As of September 30th, there was short interest totaling 1,125,796 shares, a drop of 41.2% from the September 15th total of 1,914,199 shares. Based on an average trading volume of 785 shares, the short-interest ratio is presently 1,434.1 days.

Ørsted A/S Stock Down 8.6%

OTCMKTS DOGEF opened at $19.13 on Thursday. The firm’s fifty day simple moving average is $21.19 and its two-hundred day simple moving average is $23.19. Ørsted A/S has a 12-month low of $16.98 and a 12-month high of $27.67.

Ørsted A/S Company Profile

(Get Free Report)

Ørsted A/S is a Denmark-based renewable energy company focused primarily on developing, constructing, owning and operating offshore wind farms. Its activities also include onshore wind, solar power, battery storage and other renewable energy projects, as well as related energy-management and power-trading services.

The company was established in 1972 as Dansk Naturgas, later known as DONG Energy, with roots in Denmark’s oil and natural gas industry. It shifted its focus toward renewable energy and was renamed Ørsted in 2017 in honor of Danish scientist Hans Christian Ørsted.

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