EDP – Energias de Portugal, S.A. (OTCMKTS:ELCPF) Sees Significant Decline in Short Interest

EDP – Energias de Portugal, S.A. (OTCMKTS:ELCPF) was the target of a significant drop in short interest in January. As of January 15th, there was short interest totalling 6,853,900 shares, a drop of 15.7% from the December 31st total of 8,130,200 shares. Based on an average trading volume of 1,200 shares, the short-interest ratio is presently 5,711.6 days.

EDP – Energias de Portugal Stock Performance

Shares of ELCPF remained flat at $3.09 during midday trading on Monday. EDP – Energias de Portugal has a 12-month low of $2.90 and a 12-month high of $4.70. The business’s 50-day moving average price is $3.26 and its 200 day moving average price is $3.76.

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.