Companhia Paranaense de Energia – COPEL (NYSE:ELP) Short Interest Update
Companhia Paranaense de Energia – COPEL (NYSE:ELP – Get Free Report) saw a large decline in short interest during the month of November. As of November 15th, there was short interest totalling 1,280,000 shares, a decline of 6.6% from the October 31st total of 1,370,000 shares. Approximately 0.4% of the company’s shares are short sold. Based on an average trading volume of 717,200 shares, the short-interest ratio is currently 1.8 days.
Institutional Investors Weigh In On Companhia Paranaense de Energia – COPEL
Hedge funds and other institutional investors have recently modified their holdings of the stock. First Trust Direct Indexing L.P. lifted its stake in shares of Companhia Paranaense de Energia – COPEL by 38.6% in the 2nd quarter. First Trust Direct Indexing L.P. now owns 22,928 shares of the utilities provider’s stock valued at $197,000 after acquiring an additional 6,388 shares during the last quarter. Robeco Institutional Asset Management B.V. lifted its stake in shares of Companhia Paranaense de Energia – COPEL by 2.7% in the 2nd quarter. Robeco Institutional Asset Management B.V. now owns 4,244,240 shares of the utilities provider’s stock valued at $36,543,000 after acquiring an additional 111,413 shares during the last quarter. Van ECK Associates Corp lifted its stake in shares of Companhia Paranaense de Energia – COPEL by 15.0% in the 2nd quarter. Van ECK Associates Corp now owns 29,826 shares of the utilities provider’s stock valued at $257,000 after acquiring an additional 3,882 shares during the last quarter. Prelude Capital Management LLC lifted its stake in shares of Companhia Paranaense de Energia – COPEL by 47.1% in the 2nd quarter. Prelude Capital Management LLC now owns 88,429 shares of the utilities provider’s stock valued at $761,000 after acquiring an additional 28,310 shares during the last quarter. Finally, Banco BTG Pactual S.A. raised its position in Companhia Paranaense de Energia – COPEL by 1,433.4% during the 2nd quarter. Banco BTG Pactual S.A. now owns 187,729 shares of the utilities provider’s stock valued at $1,616,000 after purchasing an additional 175,486 shares during the last quarter. Institutional investors own 3.98% of the company’s stock.
Companhia Paranaense de Energia – COPEL Price Performance
Shares of NYSE ELP traded down $0.27 during midday trading on Monday, reaching $9.24. The company had a trading volume of 794,833 shares, compared to its average volume of 480,205. Companhia Paranaense de Energia – COPEL has a one year low of $6.01 and a one year high of $9.77. The company has a current ratio of 1.48, a quick ratio of 1.46 and a debt-to-equity ratio of 0.57. The firm’s fifty day moving average price is $8.72 and its 200-day moving average price is $8.48.
Companhia Paranaense de Energia – COPEL Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Monday, December 11th. Stockholders of record on Tuesday, October 3rd will be paid a $0.119 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 5.15%. The ex-dividend date is Monday, October 2nd.
Companhia Paranaense de Energia – COPEL Company Profile (Get Free Report)
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, Power Sale, and Gas segments.
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Original: MarketBeat News Feed: Companhia Paranaense de Energia – COPEL (NYSE:ELP) Short Interest Update