Equatorial Energia S.A. (OTCMKTS:EQUEY) Short Interest Up 2,200.0% in April

Equatorial Energia S.A. (OTCMKTS:EQUEY) was the target of a significant increase in short interest in the month of April. As of April 15th, there was short interest totalling 2,300 shares, an increase of 2,200.0% from the March 31st total of 100 shares. Based on an average daily volume of 600 shares, the days-to-cover ratio is currently 3.8 days.

Equatorial Energia Price Performance

Shares of EQUEY remained flat at $6.03 during mid-day trading on Thursday. The business’s fifty day moving average is $6.62 and its 200-day moving average is $6.76. Equatorial Energia has a one year low of $5.16 and a one year high of $7.28.

About Equatorial Energia

Equatorial Energia SA, through its subsidiaries, engages in the electricity generation, distribution, transmission, and sanitation operations in Brazil. It operates through Distribution, Transmission, Wind Generation, Services, Sanitation, and Other segments. The company generates energy from wind, solar, biomass, qualified co-generation, and hydroelectric plants.