Central Puerto S.A. Sponsored ADR (NYSE:CEPU) Short Interest Up 20.7% in February

Central Puerto S.A. Sponsored ADR (NYSE:CEPU) was the target of a large increase in short interest during the month of February. As of February 27th, there was short interest totaling 313,031 shares, an increase of 20.7% from the February 12th total of 259,271 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average daily volume of 304,063 shares, the days-to-cover ratio is presently 1.0 days. Based on an average daily volume of 304,063 shares, the days-to-cover ratio is presently 1.0 days. Approximately 0.2% of the shares of the company are sold short.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of CEPU. Invesco Ltd. boosted its position in Central Puerto by 17.5% in the 4th quarter. Invesco Ltd. now owns 35,669 shares of the company’s stock worth $624,000 after purchasing an additional 5,317 shares in the last quarter. Balyasny Asset Management L.P. purchased a new position in shares of Central Puerto during the 4th quarter valued at approximately $202,000. Schonfeld Strategic Advisors LLC acquired a new position in shares of Central Puerto in the 4th quarter valued at $537,000. Jump Financial LLC purchased a new stake in Central Puerto during the fourth quarter worth $329,000. Finally, State of Wisconsin Investment Board purchased a new stake in Central Puerto during the fourth quarter worth $551,000. 2.97% of the stock is owned by institutional investors and hedge funds.

Central Puerto Stock Performance

Shares of NYSE CEPU traded up $0.62 during trading on Tuesday, reaching $15.51. 300,769 shares of the company traded hands, compared to its average volume of 329,495. The stock has a market cap of $2.35 billion, a P/E ratio of 9.23 and a beta of 1.06. The firm’s fifty day simple moving average is $15.83 and its 200 day simple moving average is $13.85. The company has a current ratio of 1.48, a quick ratio of 1.33 and a debt-to-equity ratio of 0.12. Central Puerto has a 12-month low of $7.43 and a 12-month high of $18.50.

Analyst Upgrades and Downgrades

CEPU has been the subject of several research analyst reports. Wall Street Zen cut Central Puerto from a “strong-buy” rating to a “buy” rating in a research note on Saturday. Weiss Ratings reissued a “hold (c-)” rating on shares of Central Puerto in a research report on Monday, December 29th. One research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Central Puerto presently has a consensus rating of “Moderate Buy” and an average price target of $17.50.

About Central Puerto

Central Puerto SA (NYSE: CEPU) is Argentina’s leading private power generation company, managing a diversified portfolio of thermal and renewable energy facilities across the country. Established following the privatization of the state-owned electricity company in the early 1990s, Central Puerto develops, operates and maintains a mix of combined-cycle and open-cycle gas turbine plants, as well as hydroelectric and renewable installations. The company’s thermal assets provide baseload and flexible generation capacity, while its renewable portfolio includes wind farms and solar parks that support Argentina’s clean energy objectives.

Headquartered in Buenos Aires, Central Puerto serves the national wholesale electricity market through long-term contracts with distribution companies and major industrial clients.