Short Interest in Naturgy Energy Group, S.A. (OTCMKTS:GASNY) Increases By 113.1%

Naturgy Energy Group, S.A. (OTCMKTS:GASNYGet Free Report) was the recipient of a significant increase in short interest in August. As of August 14th, there was short interest totaling 33,197 shares, an increase of 113.1% from the July 30th total of 15,577 shares. Based on an average daily volume of 48,676 shares, the short-interest ratio is currently 0.7 days.

Naturgy Energy Group Stock Performance

OTCMKTS:GASNY opened at $6.79 on Monday. The company’s 50-day simple moving average is $6.57 and its 200-day simple moving average is $6.37. Naturgy Energy Group has a fifty-two week low of $5.61 and a fifty-two week high of $6.97.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the stock. Morgan Stanley raised shares of Naturgy Energy Group to an “overweight” rating in a research note on Thursday, May 21st. BNP Paribas Exane raised Naturgy Energy Group from a “neutral” rating to an “outperform” rating in a research report on Thursday, May 21st. Finally, Royal Bank Of Canada reiterated an “outperform” rating on shares of Naturgy Energy Group in a report on Tuesday, August 11th. One research analyst has rated the stock with a Strong Buy rating and three have given a Buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy”.

Read Our Latest Stock Report on GASNY

About Naturgy Energy Group

(Get Free Report)

Naturgy Energy Group is a Madrid‐based global energy company primarily engaged in the distribution, transportation and commercialization of natural gas, as well as the generation and sale of electricity. Formerly known as Gas Natural Fenosa, the company rebranded to Naturgy in 2018 to reflect its broader focus on energy transition and sustainability. Its core activities span gas infrastructure development, liquefied natural gas (LNG) operations, power generation and retail energy services.

The company’s gas business encompasses network maintenance, storage and regasification terminals, alongside long‐term supply agreements and LNG trading.

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