EDP Renováveis, S.A. (OTCMKTS:EDRVF) Short Interest Down 5.4% in April

EDP Renováveis, S.A. (OTCMKTS:EDRVF) was the target of a significant decrease in short interest during the month of April. As of April 15th, there was short interest totalling 1,195,300 shares, a decrease of 5.4% from the March 31st total of 1,263,400 shares. Based on an average daily volume of 2,400 shares, the days-to-cover ratio is presently 498.0 days.

EDP Renováveis Stock Performance

EDRVF traded down $0.28 during trading on Tuesday, hitting $13.43. The stock had a trading volume of 148 shares, compared to its average volume of 2,155. EDP Renováveis has a twelve month low of $12.94 and a twelve month high of $22.70. The company’s 50-day moving average price is $13.99 and its 200 day moving average price is $16.14.

About EDP Renováveis

EDP Renováveis, SA, a renewable energy company, plans, constructs, operates, and maintains electricity power stations. The company operates wind and solar farms. As of December 31, 2023, it had an installed capacity of 6,891 megawatts in the United States; 2,042 megawatts in Spain; 1,413 megawatts in Portugal; 1,165 megawatts in Brazil; 798 megawatts in Poland; 521 megawatts in Romania; 496 megawatts in Mexico; 427 megawatts in Canada; 412 megawatts in Italy; 402 megawatts in Vietnam; 315 megawatts in Singapore; 244 megawatts in France; 123 megawatts in China; 83 megawatts in Chile; 80 megawatts in Greece; 43 megawatts in Taiwan; 11 megawatts in Belgium; 9 megawatts in the Netherlands; 7 megawatts in Thailand; and 5 megawatts in the United Kingdom.