Repsol, S.A. (OTCMKTS:REPYF) Sees Large Decrease in Short Interest

Repsol, S.A. (OTCMKTS:REPYF) was the recipient of a large decline in short interest during the month of March. As of March 31st, there was short interest totaling 863,438 shares, a decline of 18.2% from the March 15th total of 1,055,009 shares. Based on an average daily volume of 3,789 shares, the days-to-cover ratio is presently 227.9 days.

Hedge Funds Weigh In On Repsol

An institutional investor recently raised its position in Repsol stock. Generali Investments CEE investicni spolecnost a.s. raised its holdings in Repsol, S.A. (OTCMKTS:REPYF) by 6.6% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 135,327 shares of the company’s stock after purchasing an additional 8,400 shares during the quarter. Generali Investments CEE investicni spolecnost a.s.’s holdings in Repsol were worth $2,530,000 as of its most recent SEC filing. Hedge funds and other institutional investors own 23.76% of the company’s stock.

Repsol Stock Performance

Shares of REPYF opened at $25.50 on Thursday. The stock has a fifty day moving average price of $23.97 and a two-hundred day moving average price of $20.53. Repsol has a 52-week low of $11.90 and a 52-week high of $29.00.

Repsol Company Profile

Repsol, SA is a Spanish integrated energy company engaged in the exploration, production, refining, distribution and marketing of petroleum and natural gas. Headquartered in Madrid, Repsol operates across the entire energy value chain, from upstream activities such as exploration and production to downstream services including refining, petrochemicals and fuel retailing. In recent years, the company has expanded its portfolio to include natural gas, liquefied natural gas (LNG) and low-carbon energy solutions, reflecting its commitment to a diversified energy mix.

In its upstream business, Repsol explores and produces oil and gas resources in regions spanning Spain, Latin America, North America, West Africa and Asia.