Voltalia SA (OTCMKTS:VLTAF) Short Interest Update

Voltalia SA (OTCMKTS:VLTAF) was the target of a significant increase in short interest during the month of July. As of July 15th, there was short interest totaling 570,764 shares, an increase of 329.8% from the June 30th total of 132,784 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Voltalia Stock Performance

OTCMKTS VLTAF opened at $8.54 on Friday. Voltalia has a 12 month low of $8.04 and a 12 month high of $9.57. The company’s fifty day moving average price is $8.84 and its two-hundred day moving average price is $8.46.

Analysts Set New Price Targets

Separately, Morgan Stanley cut Voltalia to an “underweight” rating in a research note on Thursday, June 11th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock has an average rating of “Sell”.

Voltalia Company Profile

Voltalia SA engages in the production of electricity from renewable energy sources. It operates through two segments, Energy Sales, and Services. The company develops, constructs, operates, and maintains wind, solar, hydro, biomass, and storage plants. It also develops and sells projects, and procures equipment for solar power plants, as well as provides operations and maintenance services. As of December 31, 2022, the company operated solar power plant with an installed capacity of 49.9 MW. It operates in Africa, the Middle East, Asia, other Europe, Brazil, and Latin America.