Encavis AG (OTCMKTS:ENCVF) Sees Large Increase in Short Interest

Encavis AG (OTCMKTS:ENCVF) was the target of a significant growth in short interest in July. As of July 15th, there was short interest totalling 5,900 shares, a growth of 11.3% from the June 30th total of 5,300 shares. Based on an average daily volume of 800 shares, the days-to-cover ratio is currently 7.4 days.

Encavis Stock Performance

OTCMKTS:ENCVF remained flat at C$13.21 during mid-day trading on Monday. The stock has a 50 day simple moving average of C$13.21 and a 200-day simple moving average of C$13.21. Encavis has a 12 month low of C$13.21 and a 12 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.