EDP - Energias de Portugal, S.A. (OTCMKTS:EDPFY) Short Interest Up 181.9% in April

EDP - Energias de Portugal, S.A. (OTCMKTS:EDPFY - Get Free Report) was the target of a significant growth in short interest in April. As of April 15th, there was short interest totalling 70,200 shares, a growth of 181.9% from the March 31st total of 24,900 shares. Based on an average daily volume of 139,500 shares, the days-to-cover ratio is currently 0.5 days. Approximately 0.0% of the shares of the stock are sold short.

Analysts Set New Price Targets

Separately, Barclays lowered EDP - Energias de Portugal from a "strong-buy" rating to a "hold" rating in a research note on Thursday, January 9th.

EDP - Energias de Portugal Price Performance

Shares of EDPFY stock traded down $0.65 during mid-day trading on Friday, hitting $38.88. The company had a trading volume of 13,145 shares, compared to its average volume of 97,183. The stock's 50 day moving average price is $34.69 and its 200-day moving average price is $34.45. EDP - Energias de Portugal has a 52-week low of $29.88 and a 52-week high of $46.22.

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.