Engie Brasil Energia S.A. (OTCMKTS:EGIEY) Short Interest Update

Engie Brasil Energia S.A. (OTCMKTS:EGIEY) was the recipient of a large decline in short interest in May. As of May 31st, there was short interest totalling 6,800 shares, a decline of 34.6% from the May 15th total of 10,400 shares. Based on an average daily volume of 23,500 shares, the days-to-cover ratio is presently 0.3 days.

Engie Brasil Energia Stock Up 2.6 %

EGIEY stock traded up $0.21 during midday trading on Friday, hitting $8.32. The company’s stock had a trading volume of 6,670 shares, compared to its average volume of 9,616. The company has a debt-to-equity ratio of 1.72, a quick ratio of 1.09 and a current ratio of 1.09. The firm’s 50-day moving average is $8.21 and its 200-day moving average is $8.43. Engie Brasil Energia has a 12 month low of $7.51 and a 12 month high of $15.00.

Engie Brasil Energia Cuts Dividend

The business also recently announced a dividend, which will be paid on Monday, August 5th. Shareholders of record on Wednesday, May 8th will be paid a dividend of $0.2182 per share. The ex-dividend date is Tuesday, May 7th. Engie Brasil Energia’s dividend payout ratio is presently 25.00%.

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.