EDP – Energias de Portugal, S.A. (OTCMKTS:EDPFY) Short Interest Up 94,200.0% in December

EDP – Energias de Portugal, S.A. (OTCMKTS:EDPFY) was the recipient of a significant increase in short interest during the month of December. As of December 31st, there was short interest totalling 94,300 shares, an increase of 94,200.0% from the December 15th total of 100 shares. Based on an average daily volume of 450,700 shares, the short-interest ratio is presently 0.2 days.

Analysts Set New Price Targets

Separately, Sanford C. Bernstein upgraded shares of EDP – Energias de Portugal from a “hold” rating to a “strong-buy” rating in a report on Wednesday, November 20th.

EDP – Energias de Portugal Stock Performance

Shares of EDPFY stock opened at $31.12 on Tuesday. EDP – Energias de Portugal has a fifty-two week low of $30.33 and a fifty-two week high of $48.00. The company has a 50 day moving average price of $34.24 and a 200 day moving average price of $39.12.

About EDP – Energias de Portugal

EDP – Energias de Portugal, SA engages in the generation, transmission, distribution, and supply of electricity in Portugal, Spain, France, Poland, Romania, Italy, Belgium, the United Kingdom, Greece, Colombia, Brazil, North America, and internationally. It operates through Renewables, Networks, and Client Solutions & Energy Management segments.