Companhia Paranaense de Energia (NYSE:ELPC - Get Free Report) was the recipient of a large decline in short interest in February. As of February 28th, there was short interest totalling 10,900 shares, a decline of 15.5% from the February 13th total of 12,900 shares. Approximately 0.0% of the company's stock are sold short. Based on an average daily trading volume, of 4,700 shares, the short-interest ratio is currently 2.3 days.
Institutional Investors Weigh In On Companhia Paranaense de Energia
A hedge fund recently raised its stake in Companhia Paranaense de Energia stock. SPX Gestao de Recursos Ltda lifted its stake in Companhia Paranaense de Energia (NYSE:ELPC - Free Report) by 32.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 68,091 shares of the company's stock after purchasing an additional 16,780 shares during the quarter. SPX Gestao de Recursos Ltda's holdings in Companhia Paranaense de Energia were worth $355,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Companhia Paranaense de Energia Stock Down 1.7 %
Shares of NYSE:ELPC traded down $0.11 during midday trading on Friday, reaching $6.55. The company's stock had a trading volume of 1,827 shares, compared to its average volume of 18,658. The firm has a 50 day moving average of $5.99 and a 200-day moving average of $6.00. The firm has a market capitalization of $7.01 billion, a P/E ratio of 9.36 and a beta of 0.34. Companhia Paranaense de Energia has a 12-month low of $5.04 and a 12-month high of $7.21.
Companhia Paranaense de Energia (NYSE:ELPC - Get Free Report) last announced its quarterly earnings data on Friday, February 28th. The company reported $0.13 earnings per share for the quarter. The business had revenue of $1.03 billion during the quarter.
Companhia Paranaense de Energia Company Profile
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Companhia Paranaense de Energia - COPEL engages in the generation, transformation, distribution, and sale of electricity to industrial, residential, commercial, rural, and other customers in Brazil. The company operates through Power Generation and Transmission, Power Distribution, GAS, Power Sale, and Holding and Services segments.
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