Central Puerto S.A. (NYSE:CEPU) Short Interest Update

Central Puerto S.A. (NYSE:CEPU - Get Free Report) was the recipient of a significant decline in short interest during the month of April. As of April 15th, there was short interest totalling 669,700 shares, a decline of 15.9% from the March 31st total of 796,200 shares. Approximately 0.4% of the shares of the stock are sold short. Based on an average daily trading volume, of 287,800 shares, the days-to-cover ratio is currently 2.3 days.

Central Puerto Price Performance

Shares of CEPU traded up $0.29 during trading hours on Tuesday, reaching $10.64. The stock had a trading volume of 219,958 shares, compared to its average volume of 321,200. The stock has a market capitalization of $1.61 billion, a PE ratio of 4.17 and a beta of 1.09. Central Puerto has a 12 month low of $7.07 and a 12 month high of $16.60. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.97 and a current ratio of 2.13. The company's 50-day moving average is $11.27 and its two-hundred day moving average is $12.74.

Central Puerto (NYSE:CEPU - Get Free Report) last announced its quarterly earnings results on Tuesday, March 11th. The company reported $0.29 EPS for the quarter, beating analysts' consensus estimates of $0.03 by $0.26. Central Puerto had a return on equity of 22.76% and a net margin of 56.44%. The firm had revenue of $168.00 million for the quarter, compared to analyst estimates of $187.32 billion. Research analysts expect that Central Puerto will post 0.63 EPS for the current year.

Hedge Funds Weigh In On Central Puerto

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Invesco Ltd. grew its position in shares of Central Puerto by 60.7% in the 4th quarter. Invesco Ltd. now owns 24,949 shares of the company's stock valued at $362,000 after buying an additional 9,422 shares during the last quarter. Mirabella Financial Services LLP boosted its holdings in Central Puerto by 259.1% in the fourth quarter. Mirabella Financial Services LLP now owns 90,088 shares of the company's stock valued at $1,305,000 after acquiring an additional 65,000 shares during the last quarter. OLD Mission Capital LLC acquired a new stake in Central Puerto during the 4th quarter valued at approximately $776,000. William Blair Investment Management LLC bought a new position in Central Puerto during the 4th quarter worth approximately $1,319,000. Finally, Bosun Asset Management LLC acquired a new position in shares of Central Puerto in the 4th quarter worth approximately $666,000. 2.97% of the stock is currently owned by institutional investors and hedge funds.

Central Puerto Company Profile

Central Puerto SA engages in the electric power generation in Argentina. It operates through three segments: Electric Power Generation from Conventional Sources, Electric Power Generation from Renewable Sources, and Natural Gas Transport and Distribution. The company generates energy through thermal, hydroelectric, and wind farms.