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

Naturgy Energy Group, S.A. (OTCMKTS:GASNY) saw a significant increase in short interest in August. As of August 14th, there was short interest totaling 33,197 shares, an increase of 113.1% from the July 30th total of 15,577 shares. Based on an average trading volume of 48,676 shares, the short-interest ratio is currently 0.7 days.

Wall Street Analyst Weigh In

Several research firms have issued reports on GASNY. Royal Bank Of Canada reiterated an “outperform” rating on shares of Naturgy Energy Group in a research note on Tuesday, August 11th. Morgan Stanley upgraded shares of Naturgy Energy Group to an “overweight” rating in a research report on Thursday, May 21st. Finally, BNP Paribas Exane upgraded Naturgy Energy Group from a “neutral” rating to an “outperform” rating in a research report on Thursday, May 21st. One research analyst has rated the stock with a Strong Buy rating and three have assigned a Buy rating to the company. According to data from MarketBeat, the company has an average rating of “Buy”.

Naturgy Energy Group Stock Performance

GASNY stock opened at $6.79 on Friday. The company’s 50 day moving average is $6.57 and its 200 day moving average is $6.37. Naturgy Energy Group has a 1-year low of $5.61 and a 1-year high of $6.97.

About Naturgy Energy Group

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.