Pampa Energía S.A. (NYSE:PAM) Short Interest Up 57.7% in May

Pampa Energía S.A. (NYSE:PAM - Get Free Report) was the target of a significant increase in short interest in the month of May. As of May 15th, there was short interest totalling 220,400 shares, an increase of 57.7% from the April 30th total of 139,800 shares. Based on an average trading volume of 218,600 shares, the short-interest ratio is currently 1.0 days. Currently, 0.4% of the shares of the company are sold short.

Pampa Energía Price Performance

NYSE:PAM traded up $1.80 during mid-day trading on Thursday, hitting $73.43. 195,745 shares of the stock traded hands, compared to its average volume of 250,026. The business's 50-day moving average price is $75.52 and its 200 day moving average price is $81.28. The company has a market cap of $4.01 billion, a PE ratio of 11.30 and a beta of 1.18. Pampa Energía has a 12-month low of $38.58 and a 12-month high of $97.55. The company has a quick ratio of 2.13, a current ratio of 2.41 and a debt-to-equity ratio of 0.44.

Pampa Energía (NYSE:PAM - Get Free Report) last issued its quarterly earnings data on Monday, May 12th. The utilities provider reported $2.81 EPS for the quarter, beating the consensus estimate of $1.92 by $0.89. The company had revenue of $414.00 million during the quarter, compared to analysts' expectations of $487.63 million. Pampa Energía had a net margin of 19.86% and a return on equity of 12.15%. On average, analysts expect that Pampa Energía will post 9.33 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several brokerages have commented on PAM. Wall Street Zen raised shares of Pampa Energía from a "hold" rating to a "buy" rating in a research report on Wednesday, May 21st. Citigroup boosted their price objective on shares of Pampa Energía from $88.00 to $92.00 and gave the company a "neutral" rating in a research note on Monday, May 19th.

Hedge Funds Weigh In On Pampa Energía

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. TT International Asset Management LTD grew its stake in Pampa Energía by 9.4% in the 1st quarter. TT International Asset Management LTD now owns 1,319,537 shares of the utilities provider's stock worth $101,868,000 after buying an additional 112,934 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in Pampa Energía by 9.7% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 557,474 shares of the utilities provider's stock worth $43,037,000 after buying an additional 49,099 shares in the last quarter. Helikon Investments Ltd grew its stake in Pampa Energía by 11.2% in the 1st quarter. Helikon Investments Ltd now owns 492,578 shares of the utilities provider's stock worth $38,027,000 after buying an additional 49,709 shares in the last quarter. JPMorgan Chase & Co. grew its stake in Pampa Energía by 167.1% in the 4th quarter. JPMorgan Chase & Co. now owns 423,154 shares of the utilities provider's stock worth $37,212,000 after buying an additional 264,706 shares in the last quarter. Finally, Brevan Howard Capital Management LP grew its stake in Pampa Energía by 27.0% in the 4th quarter. Brevan Howard Capital Management LP now owns 258,348 shares of the utilities provider's stock worth $22,786,000 after buying an additional 54,923 shares in the last quarter. Hedge funds and other institutional investors own 12.77% of the company's stock.

About Pampa Energía

Pampa Energía SA operates as an integrated power company in Argentina. The company operates through Electricity Generation, Oil and Gas, Petrochemicals, and Holding and Other Business segments. It generates electricity through thermal plants, hydroelectric plants, and wind farms with a 5,332 megawatt (MW) installed capacity.