Ørsted A/S (OTCMKTS:DNNGY) Stock Short Interest Report for September
by Kim Johansen · The Markets DailyØrsted A/S (OTCMKTS:DNNGY – Get Free Report) saw a large increase in short interest in September. As of September 30th, there was short interest totaling 181,104 shares, an increase of 90.3% from the September 15th total of 95,191 shares. Based on an average daily volume of 270,386 shares, the short-interest ratio is presently 0.7 days. Approximately 0.0% of the company’s shares are sold short.
Ørsted A/S Trading Up 0.3%
OTCMKTS:DNNGY opened at $6.23 on Friday. Ørsted A/S has a twelve month low of $5.75 and a twelve month high of $16.42. The firm’s fifty day simple moving average is $6.92 and its 200 day simple moving average is $7.64.
Wall Street Analysts Forecast Growth
Several research firms have recently commented on DNNGY. The Goldman Sachs Group downgraded shares of Ørsted A/S from a “strong-buy” rating to a “hold” rating in a research report on Tuesday. Royal Bank Of Canada upgraded shares of Ørsted A/S to a “moderate buy” rating in a research report on Tuesday, September 1st. Two equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy”.
Read Our Latest Analysis on Ørsted A/S
About Ørsted A/S
Ørsted A/S is a Denmark-based renewable energy company focused primarily on developing, constructing, owning and operating offshore wind farms. The company also develops onshore wind and solar projects, battery storage facilities and other renewable energy infrastructure. Its activities include project development, engineering, construction, operations and maintenance, and the sale of renewable power.
The company was formerly known as DONG Energy and historically operated across oil, natural gas and conventional energy activities.