EDP – Energias de Portugal, S.A. (OTCMKTS:EDPFY) Short Interest Up 94,200.0% in January

EDP – Energias de Portugal, S.A. (OTCMKTS:EDPFY) was the recipient of a large increase in short interest in January. As of January 15th, there was short interest totalling 94,300 shares, an increase of 94,200.0% from the December 31st total of 100 shares. Based on an average daily trading volume, of 450,700 shares, the days-to-cover ratio is currently 0.2 days.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on EDPFY. Barclays cut EDP – Energias de Portugal from a “strong-buy” rating to a “hold” rating in a research note on Thursday, January 9th. Sanford C. Bernstein upgraded EDP – Energias de Portugal from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, November 20th.

EDP – Energias de Portugal Price Performance

Shares of EDP – Energias de Portugal stock opened at $31.32 on Wednesday. EDP – Energias de Portugal has a twelve month low of $30.31 and a twelve month high of $46.22. The company’s fifty day moving average is $33.16 and its 200 day moving average is $38.56.

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.