Short Interest in Central Puerto S.A. (NYSE:CEPU) Expands By 25.5%

Central Puerto S.A. (NYSE:CEPU) saw a large increase in short interest during the month of June. As of June 15th, there was short interest totalling 791,200 shares, an increase of 25.5% from the May 31st total of 630,300 shares. Based on an average trading volume of 354,900 shares, the days-to-cover ratio is currently 2.2 days.

Central Puerto Stock Performance

Shares of NYSE:CEPU opened at $8.60 on Tuesday. The firm’s 50 day simple moving average is $9.77 and its 200 day simple moving average is $9.25. Central Puerto has a fifty-two week low of $5.30 and a fifty-two week high of $11.60. The company has a market capitalization of $1.30 billion, a price-to-earnings ratio of 3.39 and a beta of 1.39. The company has a debt-to-equity ratio of 0.22, a current ratio of 2.00 and a quick ratio of 1.86.

Central Puerto (NYSE:CEPU) last posted its earnings results on Monday, May 13th. The company reported $0.18 earnings per share for the quarter. Central Puerto had a net margin of 54.47% and a return on equity of 22.42%. The company had revenue of $150.12 million for the quarter. As a group, sell-side analysts forecast that Central Puerto will post 0.33 earnings per share for the current year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Simplex Trading LLC grew its position in shares of Central Puerto by 1,441.0% in the 4th quarter. Simplex Trading LLC now owns 2,910 shares of the company’s stock valued at $26,000 after purchasing an additional 3,127 shares during the period. BNP Paribas Financial Markets acquired a new position in shares of Central Puerto in the first quarter valued at approximately $29,000. Quadrature Capital Ltd acquired a new position in shares of Central Puerto in the third quarter valued at approximately $233,000. Anthracite Investment Company Inc. acquired a new position in shares of Central Puerto in the fourth quarter valued at approximately $592,000. Finally, Hsbc Holdings PLC increased its position in shares of Central Puerto by 5.6% during the third quarter. Hsbc Holdings PLC now owns 175,393 shares of the company’s stock worth $1,030,000 after acquiring an additional 9,366 shares in the last quarter. 2.97% of the stock is owned by institutional investors and hedge funds.

About Central Puerto

Central Puerto SA engages in the electric power generation in Argentina. It operates through three segments: Electric Power Generation from Conventional Sources, Electric Power Generation from Renewable Sources, and Natural Gas Transport and Distribution. The company generates energy through thermal, hydroelectric, and wind farms.