EDP – Energias de Portugal, S.A. (OTCMKTS:ELCPF) Sees Large Decrease in Short Interest

EDP – Energias de Portugal, S.A. (OTCMKTS:ELCPF) was the target of a significant decrease in short interest in the month of March. As of March 15th, there was short interest totalling 4,300,300 shares, a decrease of 20.1% from the February 28th total of 5,382,500 shares. Based on an average daily trading volume, of 16,800 shares, the short-interest ratio is currently 256.0 days.

EDP – Energias de Portugal Price Performance

Shares of OTCMKTS:ELCPF remained flat at $3.30 on Tuesday. The firm has a 50-day moving average of $3.18 and a 200 day moving average of $3.53. EDP – Energias de Portugal has a 12-month low of $2.90 and a 12-month high of $4.54.

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.