Energias de Portugal (OTCMKTS:EDPFY) Short Interest Update

Energias de Portugal (OTCMKTS:EDPFY) saw a significant drop in short interest in the month of July. As of July 15th, there was short interest totaling 3,160 shares, a drop of 69.4% from the June 30th total of 10,323 shares. Based on an average daily volume of 47,245 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the shares of the company are short sold.

Analyst Ratings Changes

Separately, Citigroup upgraded Energias de Portugal to a “strong-buy” rating in a research report on Thursday, May 28th. One equities research analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, Energias de Portugal currently has an average rating of “Buy”.

Energias de Portugal Stock Performance

EDPFY traded up $0.17 on Tuesday, reaching $51.35. The company had a trading volume of 15,372 shares, compared to its average volume of 22,456. The company has a fifty day moving average of $51.48 and a 200-day moving average of $51.44. Energias de Portugal has a one year low of $42.31 and a one year high of $56.45.

About Energias de Portugal

Energias de Portugal, SA (OTCMKTS:EDPFY) is an integrated energy company headquartered in Lisbon, Portugal, with operations spanning electricity generation, distribution, and retail supply. The company manages a diversified portfolio of thermal, hydroelectric, wind and solar power facilities, positioning itself as a prominent player in both conventional and renewable energy markets. In addition to electricity, EDP is active in gas distribution and supply, serving residential, commercial and industrial customers.

Founded in 1976 through the nationalization of Portugal’s power assets, EDP underwent privatization beginning in the mid-1990s and today maintains listings on multiple stock exchanges, including ADRs traded in the United States.