Naturgy Energy Group, S.A. (OTCMKTS:GASNY) Short Interest Down 54.1% in August

Naturgy Energy Group, S.A. (OTCMKTS:GASNY) saw a significant decrease in short interest during the month of August. As of August 31st, there was short interest totaling 15,225 shares, a decrease of 54.1% from the August 15th total of 33,197 shares. Based on an average daily trading volume, of 37,861 shares, the short-interest ratio is currently 0.4 days.

Analyst Upgrades and Downgrades

GASNY has been the subject of a number of recent research reports. BNP Paribas Exane upgraded Naturgy Energy Group from a “neutral” rating to an “outperform” rating in a report on Thursday, May 21st. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Naturgy Energy Group in a research report on Tuesday, August 11th. Morgan Stanley raised Naturgy Energy Group to an “overweight” rating in a research report on Thursday, May 21st. Finally, Oddo Bhf raised shares of Naturgy Energy Group to an “outperform” rating in a report on Thursday. One equities research analyst has rated the stock with a Strong Buy rating and four have given a Buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy”.

Naturgy Energy Group Stock Down 2.1%

OTCMKTS:GASNY opened at $6.65 on Tuesday. The firm’s fifty day moving average is $6.69 and its two-hundred day moving average is $6.42. Naturgy Energy Group has a one year low of $5.61 and a one year high of $6.97.

About Naturgy Energy Group

Naturgy Energy Group is a Madrid‐based global energy company primarily engaged in the distribution, transportation and commercialization of natural gas, as well as the generation and sale of electricity. Formerly known as Gas Natural Fenosa, the company rebranded to Naturgy in 2018 to reflect its broader focus on energy transition and sustainability. Its core activities span gas infrastructure development, liquefied natural gas (LNG) operations, power generation and retail energy services.

The company’s gas business encompasses network maintenance, storage and regasification terminals, alongside long‐term supply agreements and LNG trading.