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

EDP – Energias de Portugal, S.A. (OTCMKTS:EDPFY) was the recipient of a significant growth in short interest in the month of January. As of January 15th, there was short interest totalling 94,300 shares, a growth 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.

EDP – Energias de Portugal Stock Performance

Shares of OTCMKTS EDPFY traded up $0.47 during midday trading on Tuesday, hitting $30.94. 141,519 shares of the company’s stock were exchanged, compared to its average volume of 211,755. The company’s 50 day moving average price is $33.36 and its 200 day moving average price is $38.69. EDP – Energias de Portugal has a 12 month low of $30.31 and a 12 month high of $46.22.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on EDPFY shares. Barclays downgraded EDP – Energias de Portugal from a “strong-buy” rating to a “hold” rating in a report on Thursday, January 9th. Sanford C. Bernstein upgraded EDP – Energias de Portugal from a “hold” rating to a “strong-buy” rating in a report on Wednesday, November 20th.

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.