Naturgy Energy Group, S.A. (OTCMKTS:GASNY) Short Interest Update

Naturgy Energy Group, S.A. (OTCMKTS:GASNY) saw a significant decline in short interest during the month of May. As of May 29th, there was short interest totaling 21,510 shares, a decline of 73.8% from the May 14th total of 82,060 shares. Based on an average daily volume of 250,199 shares, the days-to-cover ratio is currently 0.1 days.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the stock. Morgan Stanley upgraded shares of Naturgy Energy Group to an “overweight” rating in a report on Thursday, May 21st. BNP Paribas Exane upgraded shares of Naturgy Energy Group from a “neutral” rating to an “outperform” rating in a report on Thursday, May 21st. The Goldman Sachs Group upgraded shares of Naturgy Energy Group from a “strong sell” rating to a “strong-buy” rating in a report on Wednesday, March 18th. Finally, Royal Bank Of Canada upgraded shares of Naturgy Energy Group from a “sector perform” rating to an “outperform” rating in a report on Tuesday, April 21st. One research analyst has rated the stock with a Strong Buy rating and three have issued a Buy rating to the company’s stock. According to MarketBeat, Naturgy Energy Group has an average rating of “Buy”.

Naturgy Energy Group Trading Down 0.3%

Shares of GASNY traded down $0.02 on Friday, reaching $6.78. The company’s stock had a trading volume of 57,692 shares, compared to its average volume of 52,749. Naturgy Energy Group has a twelve month low of $5.61 and a twelve month high of $6.91. The firm has a fifty day moving average of $6.43 and a 200-day moving average of $6.15.

Naturgy Energy Group Company Profile

Naturgy Energy Group is a Madrid‐based global energy company primarily engaged in the distribution, transportation and commercialization of natural gas, as well as the generation and sale of electricity. Formerly known as Gas Natural Fenosa, the company rebranded to Naturgy in 2018 to reflect its broader focus on energy transition and sustainability. Its core activities span gas infrastructure development, liquefied natural gas (LNG) operations, power generation and retail energy services.

The company’s gas business encompasses network maintenance, storage and regasification terminals, alongside long‐term supply agreements and LNG trading.