Drax Group plc (OTCMKTS:DRXGF) Short Interest Up 1,750.0% in December

Drax Group plc (OTCMKTS:DRXGF) was the target of a large increase in short interest in the month of December. As of December 15th, there was short interest totalling 3,700 shares, an increase of 1,750.0% from the November 30th total of 200 shares. Based on an average trading volume of 0 shares, the short-interest ratio is presently ? days.

Drax Group Trading Down 1.5 %

OTCMKTS:DRXGF opened at $7.63 on Friday. The company’s 50-day moving average is $8.44 and its two-hundred day moving average is $7.90. Drax Group has a 1-year low of $5.23 and a 1-year high of $8.92.

Drax Group Company Profile

Drax Group plc, together with its subsidiaries, engages in renewable power generation in the United Kingdom. It operates through three segments: Pellet Production, Generation, and Customers. The Pellet Production segment produces and sells biomass pellets. The Generation segment provides renewable, dispatchable power, and system support services to the electricity grid.