Short Interest in EDP – Energias de Portugal, S.A. (OTCMKTS:ELCPF) Drops By 8.9%

EDP – Energias de Portugal, S.A. (OTCMKTS:ELCPF) was the target of a large drop in short interest in the month of September. As of September 15th, there was short interest totalling 2,379,400 shares, a drop of 8.9% from the August 31st total of 2,610,900 shares. Based on an average trading volume of 3,600 shares, the days-to-cover ratio is presently 660.9 days.

EDP – Energias de Portugal Price Performance

EDP – Energias de Portugal stock opened at $4.40 on Tuesday. EDP – Energias de Portugal has a 1-year low of $3.56 and a 1-year high of $5.05. The business has a fifty day moving average price of $4.11 and a 200-day moving average price of $3.94.

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.