Short Interest in EDP – Energias de Portugal, S.A. (OTCMKTS:ELCPF) Rises By 70.5%

EDP – Energias de Portugal, S.A. (OTCMKTS:ELCPF) was the target of a significant growth in short interest in December. As of December 31st, there was short interest totalling 8,130,200 shares, a growth of 70.5% from the December 15th total of 4,769,000 shares. Based on an average trading volume of 393,400 shares, the days-to-cover ratio is presently 20.7 days.

EDP – Energias de Portugal Stock Performance

EDP – Energias de Portugal stock remained flat at $3.17 during mid-day trading on Friday. EDP – Energias de Portugal has a 1 year low of $2.90 and a 1 year high of $4.85. The business’s 50 day moving average is $3.37 and its 200-day moving average is $3.81.

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.