Short traders are more bearish on the company recently at least if you consider the increase in short interest. The company experienced a rise in short interest of 9.41% as of October 31, 2017 from the last reporting period. Short interest grew from 532,999 to 583,151 over that period. The days to cover decreased to 2.0 and the percentage of shorted shares is 0.00% as of October 31.
Additionally, here are a few investment firms who have increased or decreased their stake in (EBR). As of quarter end Wells Fargo & Company/mn had disposed of a total of 1,500 shares trimming its stake by 98.9%. The value of the investment in (EBR) decreased from $6,000 to $0 decreasing 100.0% for the reporting period. Citigroup Inc expanded its holdings by buying 777 shares an increase of 63.5%. Citigroup Inc now holds 2,000 shares valued at $12,000. The total value of its holdings increased 140.0%.
Stifel Financial Corp grew its ownership by buying 1,702 shares an increase of 5.5% as of 09/30/2017. Stifel Financial Corp currently owns 32,783 shares with a value of $202,000. The value of the position overall is up by 68.3%. Dimensional Fund Advisors Lp cut its stake by shedding 92,900 shares a decrease of 70.0% from 06/30/2017 to 09/30/2017. Dimensional Fund Advisors Lp controls 39,792 shares worth $244,000. The value of the position overall is down by 50.8%.
The company is so far trading down by 1.20% since yesterday’s close of 6.66. The most current P/E ratio is N/A and the market value is 1.75B.
Centrais Eletricas Brasileiras SA, launched on June 11, 1962, is a Brazil-based holding company engaged in the electric power generation and transmission. Its subsidiaries are responsible for 39,453 MW of the installed capacity of electric power generation in Brazil, through 29 hydroelectric plants, 15 thermoelectric plants and two thermonuclear plants. Additionally, the Company is responsible for approximately 60,000 kilometers of transmission lines and 237 substations. The Company is present in other countries of South America, such as Argentina, Uruguay and Venezuela. The Company holds direct shareholding control in seven electric power generation and transmission companies, including Furnas Centrais Eletricas SA – FURNAS and Amazonas Energia – AME and four electric power distribution companies, including Companhia de Eletricidade do Acre – Eletroacre and Centrais Eletricas de Rondonia – Ceron. The Company is also the controlling shareholder of Eletrobras Participacoes SA – Eletropar, among others..