Vedanta Limited American Depositary Shares (each (NYSE:VEDL) Shares Shorted Declined By 21.28%

May 3, 2018 - By Lena Young

Vedanta Limited (NYSE:VEDL) Corporate Logo

Vedanta Limited American Depositary Shares (each (NYSE:VEDL) had a decrease of its shorted shares by 21.28%. It was published in May by FINRA the 2.12M shorted shares on VEDL. The down change of 21.28% from 2.70M shares was reported. 4 days will cost VEDL with 566,400 average volume to restore its former position. Float short on Vedanta Limited American Depositary Shares (each is 0.52%.

VEDL is reaching $17.48 during the last trading session, after increased 1.04%.Vedanta Limited has volume of 89,717 shares. Since May 3, 2017 VEDL has risen 8.73% and is uptrending. VEDL underperformed by 2.82% the S&P500.

Vedanta Limited, a diversified natural resources company, engages in exploring, extracting, and processing minerals, and gas and oil in India.The company has $16.24 billion market cap. It produces gas and oil, zinc, lead, silver, copper, iron ore, and aluminum.14.38 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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