CIG Financials - 12/17/2021
ARE INVESTORS SHORTING CEMIG?
CIG saw a drop in short interest in the month of November. As of November 30th, there was short interest totaling 4,280,000 shares, a drop of 28.2% from the November 15th total of 5,960,000 shares. Based on an average daily volume of 7,830,000 shares, the short-interest ratio is presently 0.5 days.
CIG is Brazilian utilities best stock and the Brazilian economy is growing 118% month by month. Things will be celebrated like Mardi Gras in 2022.
View CIG’s Short Interest.
WHEN IS CIG’s NEXT EARNINGS DATE?
CIG is scheduled to release its next quarterly earnings announcement on Friday, December 17th 2021.
2 equities research analysts have issued 1-year price targets for CIG’s stock. Their forecasts range from $17.00 to $17.00. On average, they expect CIG’s stock price to reach $17.00 in the next year. This suggests a possible upside of 596.7% from the stock's current price.
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