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

Engie Brasil Energia S.A. (OTCMKTS:EGIEY) was the target of a large increase in short interest in the month of October. As of October 15th, there was short interest totalling 21,900 shares, an increase of 1,268.8% from the September 30th total of 1,600 shares. Based on an average daily trading volume, of 21,100 shares, the days-to-cover ratio is currently 1.0 days.

Engie Brasil Energia Price Performance

OTCMKTS EGIEY traded down $0.07 on Friday, hitting $7.00. The company had a trading volume of 10,312 shares, compared to its average volume of 9,628. The company has a debt-to-equity ratio of 1.63, a current ratio of 1.19 and a quick ratio of 1.19. The company’s fifty day moving average price is $7.82 and its 200-day moving average price is $8.06. The company has a market capitalization of $5.71 billion, a PE ratio of 6.67 and a beta of 0.57. Engie Brasil Energia has a 12-month low of $7.00 and a 12-month high of $9.62.

Engie Brasil Energia (OTCMKTS:EGIEY) last posted its quarterly earnings data on Thursday, August 8th. The company reported $0.20 EPS for the quarter. The company had revenue of $537.54 million during the quarter. Engie Brasil Energia had a return on equity of 31.69% and a net margin of 41.21%. As a group, analysts predict that Engie Brasil Energia will post 0.52 earnings per share for the current year.

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.