Central Puerto S.A. (NYSE:CEPU) Short Interest Up 25.5% in June

Central Puerto S.A. (NYSE:CEPU) was the recipient of a significant increase in short interest during the month of June. As of June 15th, there was short interest totalling 791,200 shares, an increase of 25.5% from the May 31st total of 630,300 shares. Based on an average daily trading volume, of 354,900 shares, the days-to-cover ratio is currently 2.2 days.

Central Puerto Price Performance

Shares of CEPU opened at $8.60 on Tuesday. The company has a quick ratio of 1.86, a current ratio of 2.00 and a debt-to-equity ratio of 0.22. The stock has a market cap of $1.30 billion, a PE ratio of 3.39 and a beta of 1.39. Central Puerto has a 12-month low of $5.30 and a 12-month high of $11.60. The business has a 50-day simple moving average of $9.77 and a two-hundred day simple moving average of $9.25.

Central Puerto (NYSE:CEPU) last released its quarterly earnings data on Monday, May 13th. The company reported $0.18 earnings per share (EPS) for the quarter. The company had revenue of $150.12 million during the quarter. Central Puerto had a return on equity of 22.42% and a net margin of 54.47%. Analysts anticipate that Central Puerto will post 0.33 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Central Puerto

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Simplex Trading LLC lifted its holdings in shares of Central Puerto by 1,441.0% during the fourth quarter. Simplex Trading LLC now owns 2,910 shares of the company’s stock worth $26,000 after purchasing an additional 3,127 shares during the period. BNP Paribas Financial Markets bought a new position in Central Puerto during the 1st quarter worth $29,000. Quadrature Capital Ltd acquired a new position in Central Puerto during the 3rd quarter worth about $233,000. Anthracite Investment Company Inc. bought a new stake in shares of Central Puerto in the 4th quarter valued at about $592,000. Finally, Hsbc Holdings PLC increased its stake in shares of Central Puerto by 5.6% in the third quarter. Hsbc Holdings PLC now owns 175,393 shares of the company’s stock valued at $1,030,000 after buying an additional 9,366 shares during the period. 2.97% of the stock is currently owned by institutional investors and hedge funds.

Central Puerto Company Profile

Central Puerto SA engages in the electric power generation in Argentina. It operates through three segments: Electric Power Generation from Conventional Sources, Electric Power Generation from Renewable Sources, and Natural Gas Transport and Distribution. The company generates energy through thermal, hydroelectric, and wind farms.