EDP – Energias de Portugal, S.A. (OTCMKTS:EDPFY) Short Interest Up 1,600.0% in February

EDP – Energias de Portugal, S.A. (OTCMKTS:EDPFY) was the recipient of a large increase in short interest in the month of February. As of February 28th, there was short interest totalling 32,300 shares, an increase of 1,600.0% from the February 13th total of 1,900 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 160,700 shares, the short-interest ratio is presently 0.2 days.

EDP – Energias de Portugal Stock Performance

Shares of EDPFY stock traded up $0.94 during midday trading on Wednesday, hitting $34.83. 40,887 shares of the company were exchanged, compared to its average volume of 139,819. EDP – Energias de Portugal has a 52 week low of $29.88 and a 52 week high of $46.22. The firm’s 50 day moving average price is $31.75 and its two-hundred day moving average price is $36.66.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on EDPFY shares. Sanford C. Bernstein raised shares of EDP – Energias de Portugal from a “hold” rating to a “strong-buy” rating in a research 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 note on Thursday, January 9th.

About EDP – Energias de Portugal

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.