EDP – Energias de Portugal, S.A. (OTCMKTS:ELCPF) Sees Significant Decrease in Short Interest

EDP – Energias de Portugal, S.A. (OTCMKTS:ELCPF) was the recipient of a large decrease in short interest in the month of February. As of February 28th, there was short interest totalling 5,382,500 shares, a decrease of 28.0% from the February 13th total of 7,478,400 shares. Based on an average daily volume of 9,300 shares, the short-interest ratio is currently 578.8 days.

EDP – Energias de Portugal Stock Down 4.6 %

Shares of EDP – Energias de Portugal stock opened at $3.25 on Monday. The company has a fifty day moving average price of $3.16 and a 200 day moving average price of $3.60. EDP – Energias de Portugal has a twelve month low of $2.90 and a twelve month high of $4.54.

About EDP – Energias de Portugal

EDP – Energias de Portugal, SA engages in the generation, transmission, distribution, and supply of electricity in Portugal, Spain, France, Poland, Romania, Italy, Belgium, the United Kingdom, Greece, Colombia, Brazil, North America, and internationally. It operates through Renewables, Networks, and Client Solutions & Energy Management segments.