Equatorial Energia S.A. (OTCMKTS:EQUEY) Short Interest Up 1,908.7% in May

by · The Cerbat Gem

Equatorial Energia S.A. (OTCMKTS:EQUEY – Get Free Report) was the recipient of a significant increase in short interest in the month of May. As of May 29th, there was short interest totaling 1,386 shares, an increase of 1,908.7% from the May 14th total of 69 shares. Based on an average daily volume of 25,636 shares, the days-to-cover ratio is currently 0.1 days.

Equatorial Energia Price Performance

EQUEY stock remained flat at $7.73 during midday trading on Tuesday. The company had a trading volume of 192 shares, compared to its average volume of 4,408. The business’s fifty day moving average price is $8.22 and its two-hundred day moving average price is $7.77. Equatorial Energia has a 1 year low of $6.02 and a 1 year high of $9.59.

Equatorial Energia Company Profile

(Get Free Report)

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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