Repsol SA (OTCMKTS:REPYY) Short Interest Update

Key Points

• Short interest in Repsol rose 85.7% to 81,904 shares as of September 15, up from 44,111 shares at the end of August. Despite the increase, short interest represented 0.0% of shares outstanding and equated to just 0.3 days to cover.
• Analyst sentiment remained positive, with a consensus “Buy” rating and an average price target of $87.50. Ratings included two Strong Buys, seven Buys and two Holds.
• Repsol shares traded at $33.80, with a market capitalization of $37.37 billion, while remaining near the upper end of their 52-week range of $16.56 to $35.98.

Repsol SA (OTCMKTS:REPYY - Get Free Report) was the recipient of a large increase in short interest in the month of September. As of September 15th, there was short interest totaling 81,904 shares, an increase of 85.7% from the August 31st total of 44,111 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 242,605 shares, the days-to-cover ratio is currently 0.3 days.

Analyst Ratings Changes

REPYY has been the topic of several research analyst reports. Barclays reaffirmed an "overweight" rating on shares of Repsol in a research report on Friday, July 24th. Royal Bank Of Canada restated an "outperform" rating on shares of Repsol in a research report on Thursday, September 3rd. Zacks Research raised shares of Repsol from a "hold" rating to a "strong-buy" rating in a report on Friday, September 18th. The Goldman Sachs Group reiterated a "buy" rating on shares of Repsol in a research note on Friday, July 24th. Finally, Citigroup reissued a "buy" rating on shares of Repsol in a research report on Wednesday, August 26th. Two investment analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and two have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Buy" and an average price target of $87.50.

Repsol Price Performance

Shares of OTCMKTS:REPYY traded down $1.59 during trading on Tuesday, reaching $33.80. The company had a trading volume of 67,796 shares, compared to its average volume of 115,086. The firm has a market capitalization of $37.37 billion, a price-to-earnings ratio of 13.31, a price-to-earnings-growth ratio of 0.27 and a beta of 0.02. The stock's fifty day moving average price is $31.77 and its 200 day moving average price is $28.19. Repsol has a fifty-two week low of $16.56 and a fifty-two week high of $35.98.

About Repsol

Repsol, SA is a Spain-based integrated energy company engaged in oil and natural gas exploration and production, refining, transportation, marketing and power generation. The company serves consumers, businesses and industrial customers through operations spanning the energy value chain.

Its products and services include fuels for road, aviation and marine transportation; liquefied petroleum gas; lubricants; petrochemicals; and electricity and natural gas. Repsol also develops renewable energy projects, including solar and wind power, as well as lower-carbon fuels and other solutions intended to support the energy transition.

Founded in 1987, Repsol has expanded from its Spanish base into international markets across Europe, North America, Latin America and other regions.

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