RWE AG (OTCMKTS:RWEOY) Short Interest Down 46.4% in May

RWE AG (OTCMKTS:RWEOY) was the target of a significant decline in short interest in May. As of May 15th, there was short interest totaling 23,721 shares, a decline of 46.4% from the April 30th total of 44,257 shares. Based on an average daily trading volume, of 139,474 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.0% of the shares of the stock are sold short.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on RWEOY. Zacks Research downgraded RWE from a “strong-buy” rating to a “hold” rating in a research report on Monday, May 18th. Morgan Stanley reaffirmed an “overweight” rating on shares of RWE in a research note on Thursday, May 14th. Sanford C. Bernstein lowered shares of RWE from an “outperform” rating to a “hold” rating in a research report on Friday, February 13th. Kepler Capital Markets raised shares of RWE from a “strong sell” rating to a “hold” rating in a report on Monday, March 16th. Finally, BNP Paribas Exane cut shares of RWE from an “outperform” rating to a “neutral” rating in a research report on Thursday, May 21st. One research analyst has rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat, RWE presently has an average rating of “Hold” and an average target price of $53.30.

RWE Trading Up 0.8%

OTCMKTS RWEOY traded up $0.53 during trading on Monday, hitting $64.00. 5,080 shares of the company’s stock traded hands, compared to its average volume of 98,652. The stock has a fifty day moving average of $67.50 and a two-hundred day moving average of $60.98. RWE has a 12-month low of $37.38 and a 12-month high of $74.10. The firm has a market cap of $46.47 billion, a P/E ratio of 16.89, a PEG ratio of 1.94 and a beta of 0.62. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.50 and a quick ratio of 1.43.

RWE (OTCMKTS:RWEOY) last released its earnings results on Wednesday, May 13th. The utilities provider reported $0.99 earnings per share for the quarter, beating analysts’ consensus estimates of $0.61 by $0.38. The company had revenue of $5.09 billion during the quarter, compared to analyst estimates of $9.76 billion. RWE had a return on equity of 4.93% and a net margin of 15.16%.RWE has set its FY 2026 guidance at 2.576-3.395 EPS. As a group, sell-side analysts expect that RWE will post 3.34 EPS for the current year.

About RWE

RWE AG, traded in the U.S. as OTCMKTS:RWEOY, is a leading European energy company headquartered in Essen, Germany. The firm operates as an integrated utility, encompassing power generation, supply, trading and renewable energy development. Its diversified portfolio spans conventional assets—such as gas- and coal-fired power plants—and an expanding array of wind, solar and battery-storage projects managed through its RWE Renewables division.

In its conventional business, RWE Generation produces baseload and peak‐load electricity to meet industrial and consumer demand across Germany, the Netherlands and the UK.