Repsol SA (OTCMKTS:REPYY) Short Interest Up 324.3% in May

Repsol SA (OTCMKTS:REPYY) was the recipient of a large increase in short interest during the month of May. As of May 15th, there was short interest totaling 104,166 shares, an increase of 324.3% from the April 30th total of 24,550 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 193,984 shares, the days-to-cover ratio is currently 0.5 days.

Repsol Trading Down 0.0%

Shares of REPYY stock opened at $25.30 on Friday. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.15 and a current ratio of 1.54. Repsol has a 1 year low of $13.29 and a 1 year high of $29.08. The stock has a fifty day moving average of $26.34 and a two-hundred day moving average of $22.26. The firm has a market capitalization of $27.97 billion, a PE ratio of 10.12, a price-to-earnings-growth ratio of 0.28 and a beta of 0.03.

Repsol (OTCMKTS:REPYY) last announced its quarterly earnings results on Thursday, April 30th. The energy company reported $0.90 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.91 by ($0.01). Repsol had a return on equity of 11.52% and a net margin of 4.40%.The business had revenue of $18.14 billion for the quarter, compared to analyst estimates of $20.33 billion. As a group, research analysts expect that Repsol will post 4.7 EPS for the current year.

Analysts Set New Price Targets

A number of research analysts recently commented on REPYY shares. The Goldman Sachs Group upgraded Repsol from a “buy” rating to a “buy” rating in a research note on Thursday, April 30th. HSBC upgraded Repsol from a “hold” rating to a “buy” rating in a research note on Monday, May 18th. JPMorgan Chase & Co. downgraded Repsol from an “overweight” rating to a “neutral” rating in a research note on Tuesday, February 3rd. Morgan Stanley upgraded Repsol from an “equal weight” rating to an “overweight” rating in a research note on Tuesday, March 24th. Finally, DZ Bank upgraded Repsol from a “hold” rating to a “strong-buy” rating in a research note on Thursday, February 19th. Three analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Buy”.

About Repsol

Repsol is a Spanish integrated energy company engaged across the full oil and gas value chain and increasingly in low‑carbon energy businesses. Its core activities include upstream exploration and production of oil and natural gas, midstream operations such as liquefied natural gas (LNG) trading and logistics, and downstream refining, petrochemicals, and fuel marketing. The company also supplies lubricants, specialty chemicals and related industrial products, and operates a widespread network of retail fuel stations and convenience services.

Founded in 1987, Repsol has grown from a national refiner into a global energy player through international exploration, production projects and commercial expansion.