Repsol, S.A. (OTCMKTS:REPYY) Sees Large Drop in Short Interest

Repsol, S.A. (OTCMKTS:REPYY) was the target of a significant drop in short interest during the month of March. As of March 15th, there was short interest totalling 36,200 shares, a drop of 48.6% from the February 28th total of 70,400 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average trading volume of 234,300 shares, the days-to-cover ratio is presently 0.2 days.

Analyst Ratings Changes

Separately, UBS Group lowered Repsol from a “strong-buy” rating to a “hold” rating in a research note on Friday, February 21st. Four equities research analysts have rated the stock with a hold rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold”.

Repsol Price Performance

Shares of REPYY traded up $0.02 during mid-day trading on Friday, reaching $13.50. The company had a trading volume of 39,201 shares, compared to its average volume of 136,755. The company has a market capitalization of $15.62 billion, a price-to-earnings ratio of 8.77 and a beta of 0.64. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.05 and a current ratio of 1.48. The company’s 50 day simple moving average is $12.55 and its 200 day simple moving average is $12.53. Repsol has a 1-year low of $11.25 and a 1-year high of $17.61.

Repsol (OTCMKTS:REPYY) last posted its earnings results on Thursday, February 20th. The energy company reported $0.76 earnings per share for the quarter, topping analysts’ consensus estimates of $0.54 by $0.22. Repsol had a net margin of 3.10% and a return on equity of 11.40%. The firm had revenue of $14.28 billion for the quarter. Analysts expect that Repsol will post 2.36 EPS for the current year.

Repsol Increases Dividend

The company also recently declared a dividend, which was paid on Tuesday, January 21st. Stockholders of record on Monday, January 13th were paid a dividend of $0.4951 per share. This is a positive change from Repsol’s previous dividend of $0.43. The ex-dividend date was Monday, January 13th. Repsol’s dividend payout ratio (DPR) is presently 49.35%.

About Repsol

Repsol, SA operates as a multi-e energy company worldwide. Its Upstream segment engages in the exploration, development, and production of crude oil and natural gas reserves, as well as develops low-carbon geological solutions. The company's Industrial segment is involved in refining activities and petrochemicals business; the trading, transport, and sale of crude oil, natural gas, and fuels; and development of hydrogen, biomethane, sustainable biofuels, and synthetic fuels.