Energias de Portugal (OTCMKTS:EDPFY) Sees Significant Drop in Short Interest

Energias de Portugal (OTCMKTS:EDPFY) was the recipient of a significant decrease in short interest during the month of September. As of September 15th, there was short interest totaling 7,694 shares, a decrease of 64.3% from the August 31st total of 21,539 shares. Based on an average daily trading volume, of 68,119 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the company’s stock are short sold.

Energias de Portugal Price Performance

OTCMKTS EDPFY traded up $0.74 during mid-day trading on Friday, reaching $55.30. The stock had a trading volume of 18,381 shares, compared to its average volume of 26,187. Energias de Portugal has a 1 year low of $43.06 and a 1 year high of $56.45. The company has a fifty day moving average price of $53.40 and a 200 day moving average price of $52.41.

About Energias de Portugal

Energias de Portugal, SA (OTCMKTS:EDPFY), commonly known as EDP, is an integrated electric utility headquartered in Portugal. The company develops, owns and operates power-generation facilities and supplies electricity and related energy services to residential, commercial and industrial customers.

EDP has increasingly focused on renewable energy, including wind, solar and hydroelectric generation, while also providing energy-management, distributed-generation and electric-mobility solutions.