Neoen S.A. (OTCMKTS:NOSPF) Sees Significant Growth in Short Interest

Neoen S.A. (OTCMKTS:NOSPFGet Rating) was the recipient of a significant increase in short interest in March. As of March 31st, there was short interest totalling 233,200 shares, an increase of 85.4% from the March 15th total of 125,800 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.

OTCMKTS NOSPF remained flat at $$38.92 on Friday. The firm has a fifty day moving average price of $38.92 and a 200-day moving average price of $38.92. Neoen has a fifty-two week low of $38.92 and a fifty-two week high of $45.50.

Separately, JPMorgan Chase & Co. cut their target price on shares of Neoen from €37.50 ($40.76) to €33.00 ($35.87) in a report on Friday, February 4th.

Neoen Company Profile (Get Rating)

Neoen SA, an independent renewable energy production company, engages in the design, development, finance, construction project management, and operation of renewable energy power plants. The company operates solar, wind, and energy storage plants. It operates in Argentina, Ecuador, El Salvador, Jamaica, Mexico, the United States, Finland, France, Ireland, Mozambique, Portugal, Zambia, Sweden, Croatia, and Australia.

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