Short Interest in Naturgy Energy Group, S.A. (OTCMKTS:GASNF) Drops By 62.0%

Naturgy Energy Group, S.A. (OTCMKTS:GASNF) was the target of a significant decline in short interest during the month of March. As of March 13th, there was short interest totaling 321,332 shares, a decline of 62.0% from the February 26th total of 845,900 shares. Based on an average daily trading volume, of 2 shares, the days-to-cover ratio is presently 160,666.0 days.

Naturgy Energy Group Stock Performance

OTCMKTS GASNF remained flat at $29.37 on Thursday. Naturgy Energy Group has a 52-week low of $25.66 and a 52-week high of $32.31. The company’s 50 day simple moving average is $29.37 and its 200 day simple moving average is $30.02.

Naturgy Energy Group Company Profile

Naturgy Energy Group, trading OTCMKTS:GASNF, is a global integrated utility company engaged in the production, distribution and commercialization of natural gas and electricity. The company’s core operations encompass the management of gas distribution networks, power generation through both conventional and renewable sources, liquefied natural gas (LNG) infrastructure and energy trading activities. Naturgy also provides energy services such as facility management, efficiency solutions and tailored energy supply contracts for industrial, commercial and residential clients.

With a diversified geographic footprint, Naturgy conducts its business across Spain and multiple international markets in Europe, Latin America, North America and Africa.