Engie Brasil Energia S.A. (OTCMKTS:EGIEY) Short Interest Update

Engie Brasil Energia S.A. (OTCMKTS:EGIEY) saw a significant decrease in short interest in June. As of June 30th, there was short interest totalling 17,400 shares, a decrease of 9.8% from the June 15th total of 19,300 shares. Based on an average daily volume of 16,300 shares, the days-to-cover ratio is currently 1.1 days.

Engie Brasil Energia Price Performance

Shares of Engie Brasil Energia stock traded up $0.08 during mid-day trading on Tuesday, reaching $8.71. 5,802 shares of the stock traded hands, compared to its average volume of 9,267. The business has a 50-day moving average of $8.32 and a 200 day moving average of $8.32. Engie Brasil Energia has a fifty-two week low of $7.51 and a fifty-two week high of $15.00.

Engie Brasil Energia (OTCMKTS:EGIEY) last announced its earnings results on Tuesday, May 7th. The company reported $0.20 EPS for the quarter. Engie Brasil Energia had a return on equity of 35.70% and a net margin of 40.50%. The business had revenue of $527.08 million during the quarter.

Engie Brasil Energia Cuts Dividend

The company also recently announced a dividend, which will be paid on Monday, August 5th. Shareholders of record on Wednesday, May 8th will be issued a dividend of $0.2182 per share. The ex-dividend date of this dividend is Tuesday, May 7th. Engie Brasil Energia’s payout ratio is currently 19.05%.

Engie Brasil Energia Company Profile

Engie Brasil Energia SA, together with its subsidiaries, generates, sells, and trades in electrical energy in Brazil. The company operates 76 plants, including 11 hydroelectric power plants; 1 thermal power plants; 50 wind farms; 3 biomass; 9 photovoltaic and solar power plant; and 2 small hydroelectric plants.