Short Interest in Galp Energia, SGPS, S.A. (OTCMKTS:GLPEY) Increases By 1,250.0%

Galp Energia, SGPS, S.A. (OTCMKTS:GLPEY) was the target of a large increase in short interest in the month of March. As of March 15th, there was short interest totalling 16,200 shares, an increase of 1,250.0% from the February 29th total of 1,200 shares. Based on an average trading volume of 60,800 shares, the short-interest ratio is presently 0.3 days.

Galp Energia, SGPS Price Performance

Shares of OTCMKTS GLPEY opened at $8.14 on Thursday. The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.26 and a current ratio of 1.61. Galp Energia, SGPS has a 12 month low of $5.20 and a 12 month high of $8.43. The company has a 50 day simple moving average of $7.86 and a two-hundred day simple moving average of $7.58.

About Galp Energia, SGPS

Galp Energia, SGPS, SA operates as an integrated energy operator in Portugal and internationally. The company operates through four segments: Upstream, Industrial & Midstream, Commercial, and Renewables and New Business. The Upstream segment engages in the exploration, development, and production of hydrocarbons primarily in Brazil, Mozambique, and Angola.