EDP – Energias de Portugal, S.A. (OTCMKTS:ELCPF) Sees Large Decrease in Short Interest

EDP – Energias de Portugal, S.A. (OTCMKTS:ELCPF) was the recipient of a large decrease in short interest in March. As of March 15th, there was short interest totalling 5,296,600 shares, a decrease of 36.8% from the February 29th total of 8,377,500 shares. Based on an average trading volume of 9,300 shares, the short-interest ratio is currently 569.5 days.

EDP – Energias de Portugal Price Performance

ELCPF traded down $0.02 during mid-day trading on Friday, hitting $3.90. 45,097 shares of the stock were exchanged, compared to its average volume of 5,732. The firm’s fifty day moving average is $4.13 and its two-hundred day moving average is $4.38. EDP – Energias de Portugal has a 1-year low of $3.75 and a 1-year high of $5.60.

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.