Ørsted A/S (OTCMKTS:DNNGY) Short Interest Update

Ørsted A/S (OTCMKTS:DNNGY) was the target of a large growth in short interest in August. As of August 31st, there was short interest totalling 5,500 shares, a growth of 66.7% from the August 15th total of 3,300 shares. Based on an average daily trading volume, of 212,200 shares, the short-interest ratio is presently 0.0 days.

Ørsted A/S Stock Up 4.7 %

DNNGY stock opened at $19.40 on Friday. The firm’s fifty day simple moving average is $26.59 and its 200-day simple moving average is $28.60. Ørsted A/S has a 12 month low of $17.37 and a 12 month high of $34.19.

Analyst Ratings Changes

A number of analysts have recently weighed in on DNNGY shares. Stifel Nicolaus began coverage on shares of Ørsted A/S in a report on Tuesday, July 11th. They issued a “hold” rating on the stock. BNP Paribas downgraded shares of Ørsted A/S from an “outperform” rating to a “neutral” rating in a research report on Wednesday, August 30th. DNB Markets raised shares of Ørsted A/S from a “sell” rating to a “hold” rating in a research report on Thursday, August 31st. Nordea Equity Research downgraded shares of Ørsted A/S from a “buy” rating to a “hold” rating in a research report on Thursday, August 31st. Finally, Bank of America downgraded shares of Ørsted A/S from a “buy” rating to a “neutral” rating in a research report on Thursday, August 31st. Seven research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, Ørsted A/S presently has an average rating of “Hold” and a consensus target price of $716.67.

Ørsted A/S Company Profile

Ørsted A/S, together with its subsidiaries, develops, constructs, owns, and operates offshore and onshore wind farms, solar farms, energy storage facilities, renewable hydrogen and green fuels facilities, and bioenergy plants. It operates through Offshore, Onshore, and Bioenergy & Other segments.