Short Interest in Repsol SA (OTCMKTS:REPYY) Declines By 19.3%

Repsol SA (OTCMKTS:REPYY) saw a significant drop in short interest during the month of August. As of August 15th, there was short interest totaling 106,500 shares, a drop of 19.3% from the July 31st total of 132,000 shares. Based on an average daily trading volume, of 88,200 shares, the short-interest ratio is presently 1.2 days. Based on an average daily trading volume, of 88,200 shares, the short-interest ratio is presently 1.2 days.

Analysts Set New Price Targets

REPYY has been the topic of several research reports. Citigroup reissued a “buy” rating on shares of Repsol in a research report on Thursday, July 10th. Zacks Research raised Repsol from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, September 3rd. Berenberg Bank raised Repsol from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, July 30th. Wall Street Zen raised Repsol from a “hold” rating to a “buy” rating in a research report on Friday, August 1st. Finally, Barclays raised Repsol from a “reduce” rating to an “overweight” rating in a research report on Thursday, May 22nd. Two analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating, three have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Repsol presently has an average rating of “Moderate Buy”.

Repsol Stock Up 0.4%

OTCMKTS REPYY opened at $17.14 on Thursday. The stock’s 50-day moving average price is $15.74 and its 200-day moving average price is $13.89. Repsol has a 52 week low of $10.41 and a 52 week high of $17.22. The company has a market capitalization of $19.84 billion, a P/E ratio of 26.78, a price-to-earnings-growth ratio of 5.11 and a beta of 0.69.

Repsol (OTCMKTS:REPYY) last posted its quarterly earnings data on Thursday, July 24th. The energy company reported $0.64 EPS for the quarter, topping the consensus estimate of $0.41 by $0.23. The firm had revenue of $16.48 billion for the quarter, compared to the consensus estimate of $14.91 billion. Repsol had a return on equity of 9.06% and a net margin of 1.33%. Research analysts anticipate that Repsol will post 2.36 EPS for the current year.

Repsol Cuts Dividend

The firm also recently announced a dividend, which was paid on Tuesday, July 15th. Investors of record on Tuesday, July 8th were paid a dividend of $0.4554 per share. This represents a yield of 313.0%. The ex-dividend date of this dividend was Monday, July 7th. Repsol’s dividend payout ratio (DPR) is 143.75%.

Repsol Company Profile

Repsol, SA operates as a multi-e energy company worldwide. Its Upstream segment engages in the exploration, development, and production of crude oil and natural gas reserves, as well as develops low-carbon geological solutions. The company's Industrial segment is involved in refining activities and petrochemicals business; the trading, transport, and sale of crude oil, natural gas, and fuels; and development of hydrogen, biomethane, sustainable biofuels, and synthetic fuels.