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

EDP - Energias de Portugal, S.A. (OTCMKTS:EDPFY - Get Free Report) was the recipient 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. Based on an average daily volume of 22,100 shares, the short-interest ratio is currently 0.4 days. Approximately 0.0% of the shares of the company are short sold.

EDP - Energias de Portugal Stock Performance

EDPFY traded up $0.80 during trading on Friday, reaching $42.16. The stock had a trading volume of 9,470 shares, compared to its average volume of 83,802. The stock has a 50 day moving average of $38.03 and a two-hundred day moving average of $34.56. EDP - Energias de Portugal has a 1-year low of $29.88 and a 1-year high of $46.22.

Analysts Set New Price Targets

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

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.