Repsol, S.A. (OTCMKTS:REPYY) Sees Large Decline in Short Interest

Repsol, S.A. (OTCMKTS:REPYY) saw a significant drop in short interest in August. As of August 31st, there was short interest totalling 9,700 shares, a drop of 19.8% from the August 15th total of 12,100 shares. Based on an average daily trading volume, of 139,200 shares, the short-interest ratio is presently 0.1 days.

Wall Street Analyst Weigh In

Separately, Morgan Stanley cut shares of Repsol from an “overweight” rating to an “equal weight” rating in a report on Thursday, August 29th.

Repsol Price Performance

OTCMKTS:REPYY opened at $13.04 on Tuesday. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.54 and a quick ratio of 1.04. Repsol has a one year low of $12.62 and a one year high of $17.61. The company has a fifty day moving average price of $13.92 and a 200 day moving average price of $15.33. The stock has a market cap of $16.66 billion, a P/E ratio of 5.03 and a beta of 0.75.

Repsol (OTCMKTS:REPYY) last posted its quarterly earnings data on Wednesday, July 24th. The energy company reported $0.76 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.69 by $0.07. Repsol had a net margin of 5.64% and a return on equity of 14.92%. The company had revenue of $15.76 billion for the quarter. Analysts anticipate that Repsol will post 3.4 earnings per share for the current year.

Repsol Increases Dividend

The company also recently declared a dividend, which was paid on Monday, July 15th. Shareholders of record on Friday, July 5th were issued a $0.4256 dividend. This is a boost from Repsol’s previous dividend of $0.34. The ex-dividend date of this dividend was Friday, July 5th. Repsol’s dividend payout ratio is 32.82%.

About Repsol

Repsol, SA operates as a multi-e energy company worldwide. Its Upstream segment engages in the exploration, development, and production of crude oil and natural gas reserves, as well as develops low-carbon geological solutions. The company's Industrial segment is involved in refining activities and petrochemicals business; the trading, transport, and sale of crude oil, natural gas, and fuels; and development of hydrogen, biomethane, sustainable biofuels, and synthetic fuels.