Short Interest in EDP – Energias de Portugal, S.A. (OTCMKTS:ELCPF) Drops By 28.0%

EDP – Energias de Portugal, S.A. (OTCMKTS:ELCPF) was the recipient of a significant drop in short interest during the month of February. As of February 28th, there was short interest totalling 5,382,500 shares, a drop of 28.0% from the February 13th total of 7,478,400 shares. Based on an average trading volume of 9,300 shares, the days-to-cover ratio is presently 578.8 days.

EDP – Energias de Portugal Price Performance

EDP – Energias de Portugal stock traded down $0.16 during midday trading on Friday, reaching $3.25. The stock had a trading volume of 67,019 shares, compared to its average volume of 14,361. EDP – Energias de Portugal has a twelve month low of $2.90 and a twelve month high of $4.54. The stock’s 50-day simple moving average is $3.16 and its 200 day simple moving average is $3.60.

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.