Voltalia SA (OTCMKTS:VLTAF) Short Interest Update

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

Analysts Set New Price Targets

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

Voltalia Price Performance

Shares of OTCMKTS VLTAF opened at $8.54 on Monday. The business’s 50 day moving average is $8.84 and its two-hundred day moving average is $8.46. Voltalia has a 1-year low of $8.04 and a 1-year high of $9.57.

About Voltalia

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.