Short Interest in Repsol, S.A. (OTCMKTS:REPYY) Drops By 96.0%

Repsol, S.A. (OTCMKTS:REPYY) saw a large decline in short interest in the month of January. As of January 31st, there was short interest totalling 4,500 shares, a decline of 96.0% from the January 15th total of 112,200 shares. Based on an average daily volume of 326,700 shares, the days-to-cover ratio is presently 0.0 days.

Analysts Set New Price Targets

REPYY has been the subject of a number of analyst reports. UBS Group upgraded Repsol from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, January 8th. Sanford C. Bernstein lowered Repsol from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, November 13th. Three investment analysts have rated the stock with a hold rating, one has given a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat.com, Repsol has a consensus rating of “Moderate Buy”.

Repsol Stock Up 1.9 %

Shares of REPYY stock traded up $0.23 on Wednesday, hitting $12.43. 177,929 shares of the stock were exchanged, compared to its average volume of 185,376. The firm has a market capitalization of $15.13 billion, a P/E ratio of 6.54 and a beta of 0.73. The company has a current ratio of 1.48, a quick ratio of 1.05 and a debt-to-equity ratio of 0.35. Repsol has a fifty-two week low of $11.25 and a fifty-two week high of $17.61. The business has a 50-day moving average of $11.94 and a 200 day moving average of $12.72.

Repsol Increases Dividend

The company also recently announced a dividend, which was paid on Tuesday, January 21st. Stockholders of record on Monday, January 13th were paid a dividend of $0.4951 per share. The ex-dividend date of this dividend was Monday, January 13th. This is a positive change from Repsol’s previous dividend of $0.43. Repsol’s dividend payout ratio (DPR) is 40.53%.

About Repsol

Repsol, SA operates as a multi-e energy company worldwide. Its Upstream segment engages in the exploration, development, and production of crude oil and natural gas reserves, as well as develops low-carbon geological solutions. The company's Industrial segment is involved in refining activities and petrochemicals business; the trading, transport, and sale of crude oil, natural gas, and fuels; and development of hydrogen, biomethane, sustainable biofuels, and synthetic fuels.