Central Puerto S.A. (NYSE:CEPU) Short Interest Up 41.1% in May

Central Puerto S.A. (NYSE:CEPU - Get Free Report) was the recipient of a significant growth in short interest in May. As of May 15th, there was short interest totalling 734,500 shares, a growth of 41.1% from the April 30th total of 520,400 shares. Approximately 0.5% of the company's stock are short sold. Based on an average trading volume of 299,200 shares, the short-interest ratio is currently 2.5 days.

Hedge Funds Weigh In On Central Puerto

Institutional investors have recently modified their holdings of the company. Invesco Ltd. grew its position in shares of Central Puerto by 60.7% during the fourth quarter. Invesco Ltd. now owns 24,949 shares of the company's stock worth $362,000 after acquiring an additional 9,422 shares during the last quarter. Jane Street Group LLC bought a new position in shares of Central Puerto during the fourth quarter worth about $405,000. Tidal Investments LLC bought a new position in shares of Central Puerto during the fourth quarter worth about $176,000. Mirabella Financial Services LLP grew its position in shares of Central Puerto by 259.1% during the fourth quarter. Mirabella Financial Services LLP now owns 90,088 shares of the company's stock worth $1,305,000 after acquiring an additional 65,000 shares during the last quarter. Finally, Bosun Asset Management LLC bought a new position in shares of Central Puerto during the fourth quarter worth about $666,000. Institutional investors own 2.97% of the company's stock.

Central Puerto Stock Performance

CEPU stock traded up $0.39 during trading on Thursday, hitting $12.24. 234,117 shares of the company's stock traded hands, compared to its average volume of 317,235. The company has a quick ratio of 1.97, a current ratio of 2.13 and a debt-to-equity ratio of 0.18. Central Puerto has a 52 week low of $7.07 and a 52 week high of $16.60. The stock has a fifty day moving average price of $11.63 and a two-hundred day moving average price of $12.91. The stock has a market capitalization of $1.85 billion, a price-to-earnings ratio of 4.80 and a beta of 1.09.

Central Puerto (NYSE:CEPU - Get Free Report) last released its earnings results on Monday, May 12th. The company reported $0.50 earnings per share for the quarter. The firm had revenue of $196.00 million during the quarter. Central Puerto had a net margin of 56.44% and a return on equity of 22.76%. As a group, equities analysts anticipate that Central Puerto will post 0.63 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen raised shares of Central Puerto from a "hold" rating to a "buy" rating in a report on Saturday, May 24th.

About Central Puerto

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.