Engie Brasil Energia S.A. (OTCMKTS:EGIEY) Short Interest Down 97.9% in August

Engie Brasil Energia S.A. (OTCMKTS:EGIEY) was the recipient of a large decrease in short interest during the month of August. As of August 31st, there was short interest totalling 200 shares, a decrease of 97.9% from the August 15th total of 9,400 shares. Based on an average trading volume of 25,300 shares, the short-interest ratio is presently 0.0 days.

Engie Brasil Energia Stock Performance

Engie Brasil Energia stock traded down $0.15 during mid-day trading on Thursday, reaching $7.90. 6,896 shares of the company were exchanged, compared to its average volume of 9,297. The firm has a market cap of $6.45 billion, a PE ratio of 7.52 and a beta of 0.57. The company has a debt-to-equity ratio of 1.67, a quick ratio of 1.51 and a current ratio of 1.51. The firm’s 50-day simple moving average is $8.18 and its two-hundred day simple moving average is $8.20. Engie Brasil Energia has a twelve month low of $7.20 and a twelve month high of $9.62.

Engie Brasil Energia (OTCMKTS:EGIEY) last issued its quarterly earnings results on Thursday, August 8th. The company reported $0.20 earnings per share for the quarter. The firm had revenue of $537.54 million during the quarter. Engie Brasil Energia had a return on equity of 32.53% and a net margin of 41.21%.

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.