Could Azure Power Global Limited (NYSE:AZRE) Go Down After Its Newest Short Interest Report?

December 7, 2017 - By Michael Collier

 Could Azure Power Global Limited (NYSE:AZRE) Go Down After Its Newest Short Interest Report?

The stock of Azure Power Global Limited (NYSE:AZRE) registered a decrease of 2.47% in short interest. AZRE’s total short interest was 74,900 shares in December as published by FINRA. Its down 2.47% from 76,800 shares, reported previously. With 13,300 shares average volume, it will take short sellers 6 days to cover their AZRE’s short positions. The short interest to Azure Power Global Limited’s float is 0.96%.

The stock decreased 0.97% or $0.13 during the last trading session, reaching $13.3. About 10,124 shares traded. Azure Power Global Limited (NYSE:AZRE) has 0.00% since December 7, 2016 and is . It has underperformed by 16.70% the S&P500.

Azure Power Global Limited, together with its subsidiaries, engages in the development, construction, ownership, operation, maintenance, and management of solar power plants in India. The company has market cap of $344.68 million. It generates solar energy based on long-term contracts with Indian government entities, as well as other non-governmental energy distribution companies and commercial customers. It currently has negative earnings. As of March 31, 2017, it had an installed capacity of 12.2 gigawatts.

More important recent Azure Power Global Limited (NYSE:AZRE) news were published by: Businesswire.com which released: “Appointment of Cyril Cabanes as a Director on Azure Power Global’s Board” on January 18, 2017, also Quotes.Wsj.com published article titled: “Azure Power Global Ltd.”, Businesswire.com published: “Azure Power Global Limited to Hold 2017 Annual General Meeting on September 25 …” on August 15, 2017. More interesting news about Azure Power Global Limited (NYSE:AZRE) was released by: Nasdaq.com and their article: “Why Azure Power Global (AZRE) Could Be Positioned for a Slump” with publication date: September 13, 2017.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: