Naturgy Energy Group, S.A. (OTCMKTS:GASNY) Sees Large Increase in Short Interest

Naturgy Energy Group, S.A. (OTCMKTS:GASNY) saw a large increase in short interest during the month of November. As of November 30th, there was short interest totalling 14,800 shares, an increase of 4,833.3% from the November 15th total of 300 shares. Based on an average trading volume of 14,900 shares, the days-to-cover ratio is currently 1.0 days.

Naturgy Energy Group Price Performance

Shares of GASNY stock opened at $4.82 on Friday. The company’s fifty day simple moving average is $4.86 and its two-hundred day simple moving average is $4.85. Naturgy Energy Group has a 1 year low of $4.15 and a 1 year high of $6.12.

Naturgy Energy Group Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, November 21st. Shareholders of record on Tuesday, November 12th were paid a $0.066 dividend. The ex-dividend date was Tuesday, November 12th. Naturgy Energy Group’s dividend payout ratio is presently 80.00%.

About Naturgy Energy Group

Naturgy Energy Group, SA, together with its subsidiaries, engages in the supply, liquefaction, regasification, transport, storage, distribution, and sale of natural gas. It operates through Distribution Networks and Energy Markets segments. The company engages in the regulated gas and electricity distribution; sale of liquefied natural gas and the maritime transport business; management conventional thermal generation facilities; and generation and sale of electricity through wind, mini-hydro, solar, and cogeneration sources, as well as provision of supply management services.