Central Puerto S.A. (NYSE:CEPU) Short Interest Update

Central Puerto S.A. (NYSE:CEPU) was the recipient of a large drop in short interest in December. As of December 31st, there was short interest totalling 560,500 shares, a drop of 6.0% from the December 15th total of 596,100 shares. Based on an average daily volume of 375,500 shares, the days-to-cover ratio is currently 1.5 days.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. Point72 Asset Management L.P. bought a new position in shares of Central Puerto in the third quarter valued at approximately $351,000. Acadian Asset Management LLC bought a new stake in Central Puerto during the second quarter valued at about $320,000. Truist Financial Corp acquired a new stake in shares of Central Puerto in the second quarter valued at about $161,000. Virtu Financial LLC bought a new position in shares of Central Puerto in the third quarter worth about $157,000. Finally, Quadrature Capital Ltd acquired a new position in shares of Central Puerto during the 3rd quarter worth about $122,000. Institutional investors own 2.97% of the company’s stock.

Central Puerto Trading Down 2.9 %

NYSE CEPU traded down $0.40 on Friday, hitting $13.27. 637,418 shares of the stock were exchanged, compared to its average volume of 359,719. The company’s 50-day moving average price is $14.20 and its two-hundred day moving average price is $11.21. The company has a market capitalization of $2.01 billion, a price-to-earnings ratio of 5.20 and a beta of 1.21. Central Puerto has a 52-week low of $7.07 and a 52-week high of $16.60. The company has a debt-to-equity ratio of 0.18, a current ratio of 2.13 and a quick ratio of 1.97.

Central Puerto (NYSE:CEPU) last posted its quarterly earnings results on Monday, November 11th. The company reported $0.20 earnings per share for the quarter, missing the consensus estimate of $0.39 by ($0.19). The business had revenue of $185.00 million for the quarter, compared to analyst estimates of $200.26 million. Central Puerto had a net margin of 56.44% and a return on equity of 22.76%. Research analysts predict that Central Puerto will post 0.63 EPS for the current year.

Central Puerto Increases Dividend

The company also recently declared a — dividend, which was paid on Friday, December 13th. Investors of record on Friday, November 29th were paid a $0.3954 dividend. This is a boost from Central Puerto’s previous — dividend of $0.07. The ex-dividend date was Friday, November 29th. This represents a dividend yield of 1.4%. Central Puerto’s payout ratio is presently 14.90%.

About Central Puerto

Central Puerto SA engages in the electric power generation in Argentina. It operates through three segments: Electric Power Generation from Conventional Sources, Electric Power Generation from Renewable Sources, and Natural Gas Transport and Distribution. The company generates energy through thermal, hydroelectric, and wind farms.