Vedanta Limited American Depositary Shares (each (NYSE:VEDL) Sellers Reduced By 12.12% Their Shorts

June 27, 2018 - By Alberta Moore

Vedanta Limited (NYSE:VEDL) Corporate Logo

It was noted a decrease on Vedanta Limited American Depositary Shares (each (NYSE:VEDL)’s shorted shares with 12.12%. FINRA published in June VEDL’s total 1.99M shorted shares. That’s 12.12% down from 2.26 million shares. Former VEDL’s position will need 4 days to restore. It has 514,400 average volume. Vedanta Limited American Depositary Shares (each’s shorted shares float is 0.49%.

VEDL hit $13.42 during the last trading session after $0.13 change.Vedanta Limited has volume of 277,736 shares. Since June 27, 2017 VEDL has risen 2.47% and is uptrending. VEDL underperformed by 10.10% the S&P 500.

Vedanta Limited, a diversified natural resources company, engages in exploring, extracting, and processing minerals, and gas and oil in India.The firm is valued at $12.70 billion. It produces gas and oil, zinc, lead, silver, copper, iron ore, and aluminum.8.06 is the P/E ratio. The firm also operates 600 megawatts of thermal coal based power facility in the State of Odisha; and 274 megawatts of wind power plants.

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