Short Interest in Energias de Portugal (OTCMKTS:EDPFY) Rises By 119.6%

by · The Cerbat Gem

Energias de Portugal (OTCMKTS:EDPFYGet Free Report) saw a large growth in short interest in the month of April. As of April 15th, there was short interest totaling 18,315 shares, a growth of 119.6% from the March 31st total of 8,341 shares. Based on an average daily trading volume, of 23,163 shares, the short-interest ratio is currently 0.8 days. Currently, 0.0% of the company’s shares are sold short.

Energias de Portugal Trading Up 1.0%

Shares of EDPFY stock traded up $0.53 on Friday, hitting $53.27. The stock had a trading volume of 18,614 shares, compared to its average volume of 11,849. Energias de Portugal has a twelve month low of $35.65 and a twelve month high of $56.19. The firm has a market cap of $21.01 billion, a P/E ratio of 68.29 and a beta of 0.59. The company has a fifty day moving average price of $51.97 and a two-hundred day moving average price of $49.17.

Energias de Portugal Company Profile

(Get Free Report)

Energias de Portugal, SA (OTCMKTS:EDPFY) is an integrated energy company headquartered in Lisbon, Portugal, with operations spanning electricity generation, distribution, and retail supply. The company manages a diversified portfolio of thermal, hydroelectric, wind and solar power facilities, positioning itself as a prominent player in both conventional and renewable energy markets. In addition to electricity, EDP is active in gas distribution and supply, serving residential, commercial and industrial customers.

Founded in 1976 through the nationalization of Portugal’s power assets, EDP underwent privatization beginning in the mid-1990s and today maintains listings on multiple stock exchanges, including ADRs traded in the United States.

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