EDP – Energias de Portugal, S.A. (OTCMKTS:EDPFY) Short Interest Update

EDP – Energias de Portugal, S.A. (OTCMKTS:EDPFY) was the target of a large growth in short interest in the month of November. As of November 15th, there was short interest totalling 5,000 shares, a growth of 51.5% from the October 31st total of 3,300 shares. Based on an average trading volume of 189,900 shares, the short-interest ratio is currently 0.0 days.

Wall Street Analysts Forecast Growth

Separately, Sanford C. Bernstein raised shares of EDP – Energias de Portugal from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, November 20th.

EDP – Energias de Portugal Stock Performance

Shares of EDPFY stock traded down $0.15 during trading on Friday, reaching $36.05. The company’s stock had a trading volume of 26,896 shares, compared to its average volume of 41,561. The business has a fifty day moving average price of $40.12 and a 200-day moving average price of $40.70. EDP – Energias de Portugal has a one year low of $34.94 and a one year high of $51.02.

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.