Could Pampa Energia S.A. Pampa Energia S.A. (NYSE:PAM) Go Up After Its Newest Short Interest Report?

August 9, 2018 - By Ash Maslow

Pampa Energía S.A. (NYSE:PAM) Logo

The stock of Pampa Energia S.A. Pampa Energia S.A. (NYSE:PAM) registered an increase of 9.9% in short interest. PAM’s total short interest was 1.59M shares in August as published by FINRA. Its up 9.9% from 1.45 million shares, reported previously. With 337,000 shares average volume, it will take short sellers 5 days to cover their PAM’s short positions. The short interest to Pampa Energia S.A. Pampa Energia S.A.’s float is 3.06%.

The stock decreased 3.83% or $1.47 during the last trading session, reaching $36.89. About 398,811 shares traded. Pampa Energía S.A. (NYSE:PAM) has declined 16.15% since August 9, 2017 and is downtrending. It has underperformed by 28.72% the S&P500.

Pampa Energía S.A., an integrated electricity company, through its subsidiaries, engages in the generation, transmission, and distribution of electricity in Argentina. The company has market cap of $2.92 billion. The firm generates electricity through combined cycle gas-fired generating units, thermal generation plants, open-cycle gas turbines, combined gas and fuel oil turbines, and hydroelectric power generation systems, as well as through a wind farm. It has a 14.05 P/E ratio. As of December 31, 2016, it had an electricity generation installed capacity of approximately 3,433 megawatts; 2.9 million electricity distribution clients in the northern region of the City of Buenos Aires and northwest of the greater Buenos Aires area; and 20,648 kilometers of high voltage transmission lines.

Pampa Energía S.A. (NYSE:PAM) Ratings Coverage

Among 2 analysts covering Pampa Energia S.A. Pampa Energia S.A. (NYSE:PAM), 1 have Buy rating, 1 Sell and 0 Hold. Therefore 50% are positive. Pampa Energia S.A. Pampa Energia S.A. had 2 analyst reports since March 13, 2018 according to SRatingsIntel. The rating was upgraded by Morgan Stanley to “Overweight” on Tuesday, March 13.

Pampa Energía S.A. (NYSE:PAM) Ratings Chart

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