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

Naturgy Energy Group, S.A. (OTCMKTS:GASNY) saw a significant growth in short interest in the month of July. As of July 31st, there was short interest totaling 15,577 shares, a growth of 7,688.5% from the July 15th total of 200 shares. Based on an average trading volume of 65,731 shares, the days-to-cover ratio is currently 0.2 days.

Analyst Ratings Changes

A number of equities analysts have issued reports on GASNY shares. Royal Bank Of Canada reiterated an “outperform” rating on shares of Naturgy Energy Group in a research report on Tuesday. Morgan Stanley raised shares of Naturgy Energy Group to an “overweight” rating in a research note on Thursday, May 21st. Finally, BNP Paribas Exane raised shares of Naturgy Energy Group from a “neutral” rating to an “outperform” rating in a research report on Thursday, May 21st. One investment 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.com, Naturgy Energy Group has an average rating of “Buy”.

Naturgy Energy Group Stock Performance

Shares of OTCMKTS:GASNY traded down $0.10 during mid-day trading on Tuesday, reaching $6.51. 41,410 shares of the company were exchanged, compared to its average volume of 59,015. Naturgy Energy Group has a 1 year low of $5.61 and a 1 year high of $6.97. The firm’s 50-day simple moving average is $6.55 and its 200 day simple moving average is $6.31.

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.