Engie Brasil Energia S.A. (OTCMKTS:EGIEY) Short Interest Up 183.8% in June

Engie Brasil Energia S.A. (OTCMKTS:EGIEY) was the recipient of a large increase in short interest in June. As of June 15th, there was short interest totalling 19,300 shares, an increase of 183.8% from the May 31st total of 6,800 shares. Based on an average daily trading volume, of 14,400 shares, the days-to-cover ratio is presently 1.3 days.

Engie Brasil Energia Stock Down 0.4 %

Shares of EGIEY stock traded down $0.04 during trading hours on Friday, reaching $8.05. The company had a trading volume of 7,865 shares, compared to its average volume of 7,134. The company has a 50 day moving average of $8.24 and a 200 day moving average of $8.38. The company has a debt-to-equity ratio of 1.72, a quick ratio of 1.09 and a current ratio of 1.09. Engie Brasil Energia has a 1-year low of $7.51 and a 1-year high of $15.00.

Engie Brasil Energia Cuts Dividend

The business also recently declared a dividend, which will be paid on Monday, August 5th. Stockholders of record on Wednesday, May 8th will be paid a $0.2182 dividend. The ex-dividend date is Tuesday, May 7th. Engie Brasil Energia’s dividend payout ratio (DPR) is currently 25.00%.

About Engie Brasil Energia

Engie Brasil Energia SA, together with its subsidiaries, generates, sells, and trades in electrical energy in Brazil. The company operates 76 plants, including 11 hydroelectric power plants; 1 thermal power plants; 50 wind farms; 3 biomass; 9 photovoltaic and solar power plant; and 2 small hydroelectric plants.