EDP – Energias de Portugal, S.A. (OTCMKTS:EDPFY) Sees Significant Growth in Short Interest

Posted by James Quigley on Jan 13th, 2025

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

Wall Street Analysts Forecast Growth

Separately, Sanford C. Bernstein upgraded shares of EDP – Energias de Portugal from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, November 20th.

Check Out Our Latest Report on EDPFY

EDP – Energias de Portugal Price Performance

EDPFY opened at $30.45 on Monday. The company’s 50 day moving average is $34.41 and its 200 day moving average is $39.17. EDP – Energias de Portugal has a 12-month low of $30.33 and a 12-month high of $50.22.

About EDP – Energias de Portugal

(Get Free Report)

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.