Short Interest in EDP – Energias de Portugal, S.A. (OTCMKTS:ELCPF) Increases By 70.5%

EDP – Energias de Portugal, S.A. (OTCMKTS:ELCPF) saw a large increase in short interest during the month of December. As of December 31st, there was short interest totalling 8,130,200 shares, an increase of 70.5% from the December 15th total of 4,769,000 shares. Based on an average daily trading volume, of 393,400 shares, the days-to-cover ratio is currently 20.7 days.

EDP – Energias de Portugal Stock Performance

OTCMKTS ELCPF remained flat at $3.17 during trading hours on Friday. The stock has a fifty day moving average of $3.37 and a two-hundred day moving average of $3.81. EDP – Energias de Portugal has a 1 year low of $2.90 and a 1 year high of $4.85.

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.