Energias de Portugal (OTCMKTS:EDPFY) Short Interest Up 479.4% in July

Energias de Portugal (OTCMKTS:EDPFY – Get Free Report) was the target of a large growth in short interest in July. As of July 31st, there was short interest totaling 18,310 shares, a growth of 479.4% from the July 15th total of 3,160 shares. Based on an average daily trading volume, of 43,195 shares, the short-interest ratio is presently 0.4 days. Currently, 0.0% of the shares of the company are sold short.

Wall Street Analyst Weigh In

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 assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Buy”.

Get Energias de Portugal alerts:

View Our Latest Report on EDPFY

Energias de Portugal Price Performance

Shares of Energias de Portugal stock opened at $52.38 on Wednesday. The company’s 50-day moving average price is $51.50 and its 200-day moving average price is $51.74. Energias de Portugal has a 12-month low of $42.65 and a 12-month high of $56.45.

Energias de Portugal Company Profile

(Get Free Report)

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.

Recommended Stories

• Five stocks we like better than Energias de Portugal
• A Westinghouse IPO Could Reset the Nuclear Stock Conversation
• Fastly’s Q2 Rally Shows Investors Are Buying the Edge AI Turnaround
• Paramount’s 30-Film Promise Puts AMC Back in the Box Office Conversation
• DraftKings’ Predictions Push Could Be the Bet That Matters Most

Receive News & Ratings for Energias de Portugal Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Energias de Portugal and related companies with MarketBeat.com's FREE daily email newsletter.