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

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

Engie Brasil Energia Stock Up 1.0 %

Shares of OTCMKTS EGIEY traded up $0.08 during trading hours on Wednesday, hitting $7.97. The stock had a trading volume of 22,899 shares, compared to its average volume of 9,694. The firm’s 50-day moving average price is $8.10 and its two-hundred day moving average price is $8.18. Engie Brasil Energia has a 52 week low of $7.20 and a 52 week high of $9.62. 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 results on Thursday, August 8th. The company reported $0.20 earnings per share (EPS) for the quarter. Engie Brasil Energia had a return on equity of 31.69% and a net margin of 41.21%. The firm had revenue of $537.54 million for the quarter.

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.