Short Interest in EDP – Energias de Portugal, S.A. (OTCMKTS:EDPFY) Grows By 181.9%

EDP – Energias de Portugal, S.A. (OTCMKTS:EDPFY) saw a significant growth in short interest in the month of April. As of April 15th, there was short interest totalling 70,200 shares, a growth of 181.9% from the March 31st total of 24,900 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 139,500 shares, the days-to-cover ratio is currently 0.5 days.

Analysts Set New Price Targets

Separately, Barclays downgraded 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 Stock Performance

Shares of EDPFY stock opened at $39.43 on Wednesday. The firm’s 50 day moving average price is $34.41 and its 200-day moving average price is $34.43. EDP – Energias de Portugal has a one year low of $29.88 and a one year high of $46.22.

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.