EDP – Energias de Portugal, S.A. (OTCMKTS:EDPFY) Short Interest Update

EDP – Energias de Portugal, S.A. (OTCMKTS:EDPFY) saw a significant growth in short interest during the month of December. As of December 31st, there was short interest totalling 94,300 shares, a growth of 94,200.0% from the December 15th total of 100 shares. Based on an average daily volume of 450,700 shares, the days-to-cover ratio is presently 0.2 days.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on the stock. Sanford C. Bernstein raised shares of EDP – Energias de Portugal from a “hold” rating to a “strong-buy” rating in a report on Wednesday, November 20th. Barclays downgraded shares of EDP – Energias de Portugal from a “strong-buy” rating to a “hold” rating in a research report on Thursday, January 9th.

EDP – Energias de Portugal Price Performance

Shares of EDPFY stock opened at $31.77 on Wednesday. EDP – Energias de Portugal has a 12-month low of $30.33 and a 12-month high of $48.00. The business has a 50 day simple moving average of $34.08 and a 200 day simple moving average of $39.08.

EDP – Energias de Portugal Company Profile

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.