Short Interest in Engie Brasil Energia S.A. (OTCMKTS:EGIEY) Expands By 194.7%

Engie Brasil Energia S.A. (OTCMKTS:EGIEY) saw a significant growth in short interest during the month of March. As of March 15th, there was short interest totalling 22,100 shares, a growth of 194.7% from the February 29th total of 7,500 shares. Based on an average daily trading volume, of 26,700 shares, the short-interest ratio is presently 0.8 days.

Engie Brasil Energia Price Performance

Shares of EGIEY traded down $0.02 during mid-day trading on Friday, reaching $8.04. The stock had a trading volume of 5,166 shares, compared to its average volume of 14,217. Engie Brasil Energia has a 52-week low of $7.51 and a 52-week high of $15.00. The business’s fifty day moving average is $8.29 and its 200 day moving average is $8.52. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 1.72.

Engie Brasil Energia (OTCMKTS:EGIEY) last announced its quarterly earnings results on Wednesday, February 28th. The company reported $0.20 earnings per share (EPS) for the quarter. Engie Brasil Energia had a net margin of 31.46% and a return on equity of 36.20%. The business had revenue of $547.31 million during the quarter.

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.