Equatorial Energia S.A. (OTCMKTS:EQUEY – Get Free Report) was the target of a large decrease in short interest in June. As of June 15th, there was short interest totaling 98 shares, a decrease of 92.9% from the May 31st total of 1,386 shares. Based on an average daily volume of 4,584 shares, the short-interest ratio is presently 0.0 days.
Equatorial Energia Stock Performance
Shares of Equatorial Energia stock remained flat at $7.31 during mid-day trading on Thursday. Equatorial Energia has a 12 month low of $6.02 and a 12 month high of $9.59. The firm has a fifty day moving average of $8.07 and a 200-day moving average of $7.78.
About Equatorial Energia
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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