CPFL Energia SA Sees Large Growth in Short Interest (CPL)
CPFL Energia SA (NYSE:CPL) was the recipient of a large growth in short interest in the month of June. As of June 13th, there was short interest totalling 1,103,849 shares, a growth of 58.1% from the May 30th total of 698,247 shares, Stock Ratings Network reports. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 424,828 shares, the short-interest ratio is currently 2.6 days.
CPFL Energia SA (NYSE:CPL) opened at 17.86 on Wednesday. CPFL Energia SA has a 1-year low of $12.80 and a 1-year high of $19.41. The stock’s 50-day moving average is $17.33 and its 200-day moving average is $16.07. The company has a market cap of $8.593 billion and a P/E ratio of 28.00.
CPFL Energia SA (NYSE:CPL) last announced its earnings results on Wednesday, April 16th. The company reported $0.28 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.19 by $0.09. On average, analysts predict that CPFL Energia SA will post $0.79 earnings per share for the current fiscal year.
CPFL Energia SA is a holding company that, through its subsidiaries, distributes, generates and commercializes electricity in Brazil.
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