Short Interest in Engie Brasil Energia S.A. (OTCMKTS:EGIEY) Declines By 63.7%

Engie Brasil Energia S.A. (OTCMKTS:EGIEY) was the recipient of a significant drop in short interest in February. As of February 28th, there was short interest totalling 19,400 shares, a drop of 63.7% from the February 13th total of 53,500 shares. Based on an average trading volume of 75,300 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.0% of the shares of the stock are short sold.

Engie Brasil Energia Price Performance

Shares of EGIEY stock traded up $0.15 during trading hours on Friday, hitting $6.64. 20,816 shares of the company’s stock were exchanged, compared to its average volume of 98,024. The company has a current ratio of 1.19, a quick ratio of 1.19 and a debt-to-equity ratio of 1.63. Engie Brasil Energia has a 12-month low of $5.54 and a 12-month high of $9.35. The business’s 50 day simple moving average is $6.29 and its 200-day simple moving average is $6.78. The company has a market capitalization of $5.42 billion, a PE ratio of 6.71 and a beta of 0.44.

About Engie Brasil Energia

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.