Repsol SA (OTCMKTS:REPYY) Stock Short Interest Climbs 85.7%

Repsol SA (OTCMKTS:REPYY) saw a large growth in short interest in September. As of September 15th, there was short interest totaling 81,904 shares, a growth of 85.7% from the August 31st total of 44,111 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 242,605 shares, the short-interest ratio is currently 0.3 days.

Repsol Stock Down 4.5%

Shares of Repsol stock traded down $1.59 on Tuesday, hitting $33.80. The company’s stock had a trading volume of 67,796 shares, compared to its average volume of 115,086. The company has a market capitalization of $37.37 billion, a P/E ratio of 13.31, a price-to-earnings-growth ratio of 0.27 and a beta of 0.02. Repsol has a 52-week low of $16.56 and a 52-week high of $35.98. The firm has a fifty day moving average price of $31.77 and a 200-day moving average price of $28.19.

Analysts Set New Price Targets

REPYY has been the subject of a number of research analyst reports. Zacks Research upgraded shares of Repsol from a “hold” rating to a “strong-buy” rating in a report on Friday, September 18th. Barclays restated an “overweight” rating on shares of Repsol in a research report on Friday, July 24th. The Goldman Sachs Group reiterated a “buy” rating on shares of Repsol in a research report on Friday, July 24th. Citigroup reissued a “buy” rating on shares of Repsol in a research note on Wednesday, August 26th. Finally, HSBC restated a “buy” rating and issued a $85.00 price target on shares of Repsol in a report on Friday. Two analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Buy” and an average target price of $87.50.

Repsol Company Profile

Repsol, SA is a Spain-based integrated energy company engaged in oil and natural gas exploration and production, refining, transportation, marketing and power generation. The company serves consumers, businesses and industrial customers through operations spanning the energy value chain.

Its products and services include fuels for road, aviation and marine transportation; liquefied petroleum gas; lubricants; petrochemicals; and electricity and natural gas. Repsol also develops renewable energy projects, including solar and wind power, as well as lower-carbon fuels and other solutions intended to support the energy transition.

Founded in 1987, Repsol has expanded from its Spanish base into international markets across Europe, North America, Latin America and other regions.