Companhia Paranaense de Energia (NYSE:ELPC) Short Interest Down 15.5% in February

Companhia Paranaense de Energia (NYSE:ELPC) saw a large drop in short interest in February. As of February 28th, there was short interest totalling 10,900 shares, a drop of 15.5% from the February 13th total of 12,900 shares. Based on an average daily volume of 4,700 shares, the short-interest ratio is currently 2.3 days. Currently, 0.0% of the shares of the stock are sold short.

Companhia Paranaense de Energia Trading Up 1.1 %

ELPC stock opened at $6.61 on Tuesday. Companhia Paranaense de Energia has a one year low of $5.04 and a one year high of $7.21. The firm has a market capitalization of $7.07 billion, a PE ratio of 9.44 and a beta of 0.34. The firm has a 50-day moving average of $5.91 and a two-hundred day moving average of $5.99.

Companhia Paranaense de Energia (NYSE:ELPC) last posted its quarterly earnings data on Friday, February 28th. The company reported $0.13 EPS for the quarter. The firm had revenue of $1.03 billion for the quarter.

Institutional Trading of Companhia Paranaense de Energia

A hedge fund recently raised its stake in Companhia Paranaense de Energia stock. SPX Gestao de Recursos Ltda raised its position in shares of Companhia Paranaense de Energia (NYSE:ELPC) by 32.7% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 68,091 shares of the company’s stock after buying an additional 16,780 shares during the quarter. SPX Gestao de Recursos Ltda’s holdings in Companhia Paranaense de Energia were worth $355,000 at the end of the most recent quarter.

About Companhia Paranaense de Energia

Companhia Paranaense de Energia – COPEL engages in the generation, transformation, distribution, and sale of electricity to industrial, residential, commercial, rural, and other customers in Brazil. The company operates through Power Generation and Transmission, Power Distribution, GAS, Power Sale, and Holding and Services segments.