Repsol SA (OTCMKTS:REPYY) Shares Shorted: Short Interest Up 85.7% in September

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

Repsol Stock Performance

Shares of REPYY opened at $33.82 on Thursday. Repsol has a one year low of $16.56 and a one year high of $35.98. The stock has a market capitalization of $37.38 billion, a price-to-earnings ratio of 13.32, a PEG ratio of 0.26 and a beta of 0.02. The stock has a 50 day moving average price of $31.97 and a 200 day moving average price of $28.30.

Analysts Set New Price Targets

Several brokerages recently weighed in on REPYY. Santander lowered Repsol from an “outperform” rating to a “neutral” rating in a research note on Tuesday, September 22nd. 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 report on Wednesday, August 26th. Barclays restated an “overweight” rating on shares of Repsol in a research report on Friday, July 24th. Finally, Zacks Research raised Repsol from a “hold” rating to a “strong-buy” rating in a research note on Friday, September 18th. Two equities research analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus 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.