RWE AG (OTCMKTS:RWEOY) Sees Large Drop in Short Interest

by · The Cerbat Gem

RWE AG (OTCMKTS:RWEOY – Get Free Report) was the target of a significant drop in short interest in the month of August. As of August 15th, there was short interest totaling 17,000 shares, adropof95.7% from the July 31st total of 392,000 shares. Based on an average daily trading volume, of 73,400 shares, the short-interest ratio is presently 0.2 days. Based on an average daily trading volume, of 73,400 shares, the short-interest ratio is presently 0.2 days.

RWE Stock Performance

Shares of RWEOY stock traded down $0.47 during trading hours on Tuesday, hitting $39.59. 38,804 shares of the company’s stock traded hands, compared to its average volume of 98,863. The stock’s fifty day simple moving average is $41.85 and its two-hundred day simple moving average is $38.27. RWE has a 12-month low of $28.68 and a 12-month high of $44.54. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.21 and a quick ratio of 1.16.

About RWE

(Get Free Report)

RWE Aktiengesellschaft generates and supplies electricity from renewable and conventional sources in Germany, the United Kingdom, rest of Europe, North America, and internationally. It operates through five segments: Offshore Wind; Onshore Wind/Solar; Hydro/Biomass/Gas; Supply & Trading; and Coal/Nuclear.

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