Energias de Portugal (OTCMKTS:EDPFY) Short Interest Update

Energias de Portugal (OTCMKTS:EDPFY) was the target of a significant growth in short interest in the month of August. As of August 31st, there was short interest totaling 21,539 shares, a growth of 84.9% from the August 15th total of 11,648 shares. Based on an average daily trading volume, of 52,237 shares, the short-interest ratio is presently 0.4 days. Currently, 0.0% of the shares of the company are sold short.

Energias de Portugal Trading Up 0.7%

OTCMKTS:EDPFY opened at $53.55 on Wednesday. The stock has a 50 day moving average of $52.85 and a two-hundred day moving average of $52.20. Energias de Portugal has a 12 month low of $43.06 and a 12 month high of $56.45.

Analyst Upgrades and Downgrades

Separately, Citigroup upgraded shares of Energias de Portugal to a “strong-buy” rating in a research note on Thursday, May 28th. One analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, Energias de Portugal presently has a consensus rating of “Buy”.

Energias de Portugal Company Profile

Energias de Portugal, SA (OTCMKTS:EDPFY), commonly known as EDP, is an integrated electric utility headquartered in Portugal. The company develops, owns and operates power-generation facilities and supplies electricity and related energy services to residential, commercial and industrial customers.

EDP has increasingly focused on renewable energy, including wind, solar and hydroelectric generation, while also providing energy-management, distributed-generation and electric-mobility solutions.