Energias de Portugal (OTCMKTS:EDPFY) Stock Short Interest Report for September

Energias de Portugal (OTCMKTS:EDPFY) was the recipient of a significant increase in short interest during the month of September. As of September 30th, there was short interest totaling 32,997 shares, an increase of 328.9% from the September 15th total of 7,694 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 36,338 shares, the days-to-cover ratio is presently 0.9 days.

Energias de Portugal Trading Up 0.3%

OTCMKTS:EDPFY traded up $0.18 during mid-day trading on Friday, reaching $53.85. 17,473 shares of the stock were exchanged, compared to its average volume of 23,663. The company has a 50 day simple moving average of $53.87 and a 200-day simple moving average of $52.69. Energias de Portugal has a 1 year low of $43.06 and a 1 year high of $56.45.

Wall Street Analyst Weigh In

Separately, Zacks Research raised Energias de Portugal from a “hold” rating to a “strong-buy” rating in a report on Wednesday. Two research analysts have rated the stock with a Strong Buy rating. According to data from MarketBeat.com, Energias de Portugal presently has an average rating of “Strong Buy”.

About Energias de Portugal

Energias de Portugal, SA (EDP) is a Portugal-based integrated energy company engaged in electricity generation, distribution and supply, as well as related energy services. Its activities include producing and marketing electricity, supplying natural gas in selected markets, and managing electricity distribution networks in Portugal through its regulated network business.

EDP has expanded from its Portuguese utility roots into an international energy group, with operations across Europe, Brazil and North America.