Engie Brasil Energia S.A. (OTCMKTS:EGIEY) Sees Significant Decline in Short Interest

Engie Brasil Energia S.A. (OTCMKTS:EGIEY - Get Free Report) was the target of a significant decrease in short interest during the month of February. As of February 28th, there was short interest totalling 19,400 shares, a decrease of 63.7% from the February 13th total of 53,500 shares. Based on an average daily trading volume, of 75,300 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.0% of the company's stock are sold short.

Engie Brasil Energia Stock Up 2.3 %

Shares of EGIEY traded up $0.15 during mid-day trading on Friday, hitting $6.64. 20,816 shares of the company traded hands, compared to its average volume of 98,024. Engie Brasil Energia has a 1-year low of $5.54 and a 1-year high of $9.35. The company has a quick ratio of 1.19, a current ratio of 1.19 and a debt-to-equity ratio of 1.63. The company has a market capitalization of $5.42 billion, a PE ratio of 6.71 and a beta of 0.44. The business has a 50 day moving average of $6.31 and a 200 day moving average of $6.75.

About Engie Brasil Energia

Engie Brasil Energia SA, together with its subsidiaries, generates, sells, and trades in electrical energy in Brazil. The company operates 76 plants, including 11 hydroelectric power plants; 1 thermal power plants; 50 wind farms; 3 biomass; 9 photovoltaic and solar power plant; and 2 small hydroelectric plants.