ACCIONA SA ORDINARY SHARES (OTCMKTS:ACXIF)’s Trend Unknown, Especially After Increased Shorts

June 16, 2018 - By Richard Conner

Acciona, S.A. (OTCMKTS:ACXIF) Logo

The stock of ACCIONA SA ORDINARY SHARES (OTCMKTS:ACXIF) registered an increase of 9.24% in short interest. ACXIF’s total short interest was 27,200 shares in June as published by FINRA. Its up 9.24% from 24,900 shares, reported previously. With 100 shares average volume, it will take short sellers 272 days to cover their ACXIF’s short positions. The short interest to ACCIONA SA ORDINARY SHARES’s float is 0.11%.

It closed at $84.25 lastly. It is down 0.00% since June 16, 2017 and is . It has underperformed by 12.57% the S&P500.

Acciona, S.A. engages in the development and management of infrastructure, renewable energy, water, and services in Spain and internationally. The company has market cap of $4.83 billion. The firm develops, constructs, operates, and maintains wind, solar photovoltaic, solar thermal, hydro, and biomass plants; operates a 9,000 megawatt project; develops energy projects with an installed capacity of approximately 2,000 megawatts for third parties; operates substations and transmission networks, as well as is involved in installation activities; markets electricity of renewable origin; and develops wind turbine-generators. It has a 18.08 P/E ratio. It also engages in the construction, engineering, performance, maintenance, and management of public work concessions primarily in the field of transport and social infrastructures, including bridges, roads, and special structures, including bridges, roads, and special structures; railroads and tunnels; and hospital and university projects, irrigation, and ports and hydro projects, as well as projects in engineering, concessions, and other businesses.

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