Orrön Energy AB (publ) (OTCMKTS:LNDNF) Short Interest Down 43.5% in May

Orrön Energy AB (publ) (OTCMKTS:LNDNF – Get Rating) was the target of a significant decrease in short interest during the month of May. As of May 15th, there was short interest totalling 1,020,500 shares, a decrease of 43.5% from the April 30th total of 1,806,700 shares. Based on an average trading volume of 2,700 shares, the days-to-cover ratio is currently 378.0 days.

Orrön Energy AB (publ) Price Performance

LNDNF opened at $1.05 on Friday. The business’s fifty day simple moving average is $1.28 and its 200 day simple moving average is $1.63. Orrön Energy AB has a 52 week low of $0.68 and a 52 week high of $49.00.

About Orrön Energy AB (publ)

(Get Rating)

Orrön Energy AB is an independent renewable energy company with wind and hydro assets in the Nordics. It is focused on investments in renewable energy projects, which has a stable and mature market and a potential expansion in Europe. The company was founded on May 04, 2001 and is headquartered in Stockholm, Sweden.