Short Interest in Encavis AG (OTCMKTS:ENCVF) Drops By 57.1%

Encavis AG (OTCMKTS:ENCVF) was the recipient of a large decline in short interest during the month of December. As of December 15th, there was short interest totalling 900 shares, a decline of 57.1% from the November 30th total of 2,100 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Encavis Stock Performance

OTCMKTS:ENCVF remained flat at C$13.21 during trading hours on Friday. The company has a fifty day simple moving average of C$13.21 and a 200-day simple moving average of C$13.21. Encavis has a twelve month low of C$13.21 and a twelve month high of C$18.57.

About Encavis

Encavis AG, an independent power producer, acquires and operates solar and onshore wind parks in Germany, Italy, Spain, France, Denmark, the Netherlands, the United Kingdom, Finland, Sweden, Ireland, and Lithuania. It operates through PV Parks, Service, Wind Parks, and Asset Management segments. The company's renewable energy plant portfolio includes 230 solar parks and 90 wind farms with a capacity of approximately 3.5 gigawatts.