EDP - Energias de Portugal, S.A. (OTCMKTS:EDPFY) Short Interest Up 237.0% in May

EDP - Energias de Portugal, S.A. (OTCMKTS:EDPFY - Get Free Report) was the target of a large increase in short interest during the month of May. As of May 31st, there was short interest totalling 9,100 shares, an increase of 237.0% from the May 15th total of 2,700 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 22,100 shares, the short-interest ratio is presently 0.4 days.

EDP - Energias de Portugal Trading Down 1.1%

Shares of OTCMKTS:EDPFY traded down $0.45 during midday trading on Friday, hitting $41.71. The company had a trading volume of 13,529 shares, compared to its average volume of 83,174. EDP - Energias de Portugal has a 12-month low of $29.88 and a 12-month high of $46.22. The company has a fifty day moving average of $38.22 and a two-hundred day moving average of $34.59.

Analyst Ratings Changes

Separately, HSBC upgraded shares of EDP - Energias de Portugal to a "buy" rating in a research note on Friday, May 16th.

About EDP - Energias de Portugal

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.