Engie Brasil Energia S.A. (OTCMKTS:EGIEY) Short Interest Update

Engie Brasil Energia S.A. (OTCMKTS:EGIEY) was the target of a large drop in short interest in the month of February. As of February 15th, there was short interest totalling 53,500 shares, a drop of 11.7% from the January 31st total of 60,600 shares. Based on an average trading volume of 111,100 shares, the short-interest ratio is currently 0.5 days.

Analyst Upgrades and Downgrades

Separately, UBS Group downgraded shares of Engie Brasil Energia from a “hold” rating to a “strong sell” rating in a research report on Monday, November 11th.

Engie Brasil Energia Stock Performance

Shares of OTCMKTS:EGIEY opened at $6.61 on Thursday. The company has a market capitalization of $5.39 billion, a price-to-earnings ratio of 6.68 and a beta of 0.44. The firm’s 50 day simple moving average is $6.18 and its 200 day simple moving average is $6.85. The company has a debt-to-equity ratio of 1.63, a current ratio of 1.19 and a quick ratio of 1.19. Engie Brasil Energia has a fifty-two week low of $5.54 and a fifty-two week high of $9.35.

Engie Brasil Energia Company Profile

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.