Empresa Distribuidora y Comercializadora Norte Sociedad Anónima (NYSE:EDN) Short Interest Update

Empresa Distribuidora y Comercializadora Norte Sociedad Anónima (NYSE:EDNGet Rating) saw a large decline in short interest in April. As of April 30th, there was short interest totalling 20,100 shares, a decline of 57.0% from the April 15th total of 46,700 shares. Based on an average daily volume of 22,700 shares, the short-interest ratio is currently 0.9 days.

An institutional investor recently raised its position in Empresa Distribuidora y Comercializadora Norte Sociedad Anónima stock. BlackRock Inc. lifted its position in shares of Empresa Distribuidora y Comercializadora Norte Sociedad Anónima (NYSE:EDNGet Rating) by 49.0% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 10,727 shares of the utilities provider’s stock after buying an additional 3,529 shares during the quarter. BlackRock Inc.’s holdings in Empresa Distribuidora y Comercializadora Norte Sociedad Anónima were worth $57,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 0.19% of the company’s stock.

Shares of NYSE:EDN traded up $0.04 during midday trading on Friday, hitting $5.60. 12,193 shares of the stock were exchanged, compared to its average volume of 11,682. The stock has a market cap of $245.00 million, a P/E ratio of -1.16 and a beta of 0.80. Empresa Distribuidora y Comercializadora Norte Sociedad Anónima has a twelve month low of $3.42 and a twelve month high of $7.90. The company has a 50 day moving average price of $6.32 and a 200-day moving average price of $5.93.

Empresa Distribuidora y Comercializadora Norte Sociedad Anónima (NYSE:EDNGet Rating) last released its quarterly earnings results on Thursday, March 10th. The utilities provider reported ($1.82) earnings per share (EPS) for the quarter, topping the consensus estimate of ($3.30) by $1.48. The business had revenue of $325.64 million during the quarter. Empresa Distribuidora y Comercializadora Norte Sociedad Anónima had a negative return on equity of 27.66% and a negative net margin of 18.75%. As a group, sell-side analysts anticipate that Empresa Distribuidora y Comercializadora Norte Sociedad Anónima will post 0.04 earnings per share for the current year.

Empresa Distribuidora y Comercializadora Norte Sociedad Anónima Company Profile (Get Rating)

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