Polaris Renewable Energy Inc. (OTCMKTS:RAMPF) Sees Significant Increase in Short Interest

Polaris Renewable Energy Inc. (OTCMKTS:RAMPF) saw a significant growth in short interest during the month of March. As of March 15th, there was short interest totalling 43,800 shares, a growth of 113.7% from the February 29th total of 20,500 shares. Based on an average daily volume of 4,900 shares, the short-interest ratio is currently 8.9 days.

Polaris Renewable Energy Stock Performance

Shares of OTCMKTS RAMPF remained flat at $8.28 during midday trading on Thursday. The stock had a trading volume of 10 shares, compared to its average volume of 2,225. The business has a 50 day moving average of $9.01 and a 200 day moving average of $9.63. Polaris Renewable Energy has a one year low of $8.22 and a one year high of $11.77.

Polaris Renewable Energy Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, February 23rd. Stockholders of record on Monday, February 12th were issued a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 7.25%. The ex-dividend date was Friday, February 9th.

About Polaris Renewable Energy

Polaris Renewable Energy Inc engages in the acquisition, exploration, development, and operation of renewable energy projects in Latin America. It operates 82 megawatts (MW) net geothermal facility in Nicaragua; and 3 run-of-river hydroelectric facilities in Peru, with combined capacity of approximately 33 MW; a 25 MW solar plant facility in the Dominican Republic; a 6 MW run-of-river hydroelectric facility in Ecuador; and a 10 MW solar plant in Panama.