Galp Energia, SGPS, S.A. (OTCMKTS:GLPEY) Short Interest Up 32.7% in March

Galp Energia, SGPS, S.A. (OTCMKTS:GLPEY) was the recipient of a significant growth in short interest during the month of March. As of March 31st, there was short interest totalling 21,500 shares, a growth of 32.7% from the March 15th total of 16,200 shares. Based on an average trading volume of 61,900 shares, the short-interest ratio is currently 0.3 days.

Galp Energia, SGPS Stock Performance

Shares of OTCMKTS:GLPEY opened at $8.67 on Monday. The firm’s 50 day moving average is $8.04 and its two-hundred day moving average is $7.67. Galp Energia, SGPS has a 52 week low of $5.20 and a 52 week high of $8.74. The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.26 and a current ratio of 1.61.

About Galp Energia, SGPS

Galp Energia, SGPS, SA operates as an integrated energy operator in Portugal and internationally. The company operates through four segments: Upstream, Industrial & Midstream, Commercial, and Renewables and New Business. The Upstream segment engages in the exploration, development, and production of hydrocarbons primarily in Brazil, Mozambique, Namibia, and Angola.