Engie Brasil Energia S.A. (OTCMKTS:EGIEY) Sees Large Increase in Short Interest

Engie Brasil Energia S.A. (OTCMKTS:EGIEY) saw a significant increase in short interest in September. As of September 15th, there was short interest totalling 7,100 shares, an increase of 3,450.0% from the August 31st total of 200 shares. Based on an average trading volume of 14,900 shares, the short-interest ratio is currently 0.5 days.

Engie Brasil Energia Stock Performance

Shares of Engie Brasil Energia stock traded up $0.08 during trading on Wednesday, hitting $7.97. The stock had a trading volume of 22,899 shares, compared to its average volume of 9,694. Engie Brasil Energia has a 12 month low of $7.20 and a 12 month high of $9.62. The business’s 50-day moving average is $8.10 and its 200 day moving average is $8.18. The company has a current ratio of 1.19, a quick ratio of 1.19 and a debt-to-equity ratio of 1.63.

Engie Brasil Energia (OTCMKTS:EGIEY) last issued its quarterly earnings data on Thursday, August 8th. The company reported $0.20 EPS for the quarter. The company had revenue of $537.54 million during the quarter. Engie Brasil Energia had a return on equity of 31.69% and a net margin of 41.21%.

About Engie Brasil Energia

Engie Brasil Energia SA, together with its subsidiaries, generates, sells, and trades in electrical energy in Brazil. The company operates 76 plants, including 11 hydroelectric power plants; 1 thermal power plants; 50 wind farms; 3 biomass; 9 photovoltaic and solar power plant; and 2 small hydroelectric plants.