Short Interest in EDP - Energias de Portugal, S.A. (OTCMKTS:EDPFY) Increases By 1,600.0%

EDP - Energias de Portugal, S.A. (OTCMKTS:EDPFY - Get Free Report) was the target of a large growth in short interest during the month of February. As of February 28th, there was short interest totalling 32,300 shares, a growth of 1,600.0% from the February 13th total of 1,900 shares. Based on an average daily trading volume, of 160,700 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.0% of the company's stock are sold short.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on the stock. Sanford C. Bernstein upgraded shares of EDP - Energias de Portugal from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, November 20th. Barclays downgraded shares of EDP - Energias de Portugal from a "strong-buy" rating to a "hold" rating in a research report on Thursday, January 9th.

EDP - Energias de Portugal Stock Performance

Shares of EDP - Energias de Portugal stock traded down $0.36 during trading on Friday, reaching $33.30. The company's stock had a trading volume of 32,061 shares, compared to its average volume of 133,616. The company has a 50-day moving average price of $31.80 and a two-hundred day moving average price of $36.48. EDP - Energias de Portugal has a fifty-two week low of $29.88 and a fifty-two week high of $46.22.

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.