12.12% Less Vedanta Limited American Depositary Shares (each (NYSE:VEDL) Shares Shorted

June 27, 2018 - By Anthony Rauscher

Vedanta Limited (NYSE:VEDL) Corporate Logo

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

Ticker’s shares touched $13.42 during the last trading session after 0.96% 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 company has $12.70 billion market cap. 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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