Short Interest in Enagas SA Unsponsored ADR (OTCMKTS:ENGGY) Expands By 41.4%

Key Points

• Enagas SA Unsponsored ADR experienced a significant 41.4% increase in short interest, rising from 5,800 shares to 8,200 shares in August.
• The company recently declared a dividend of $0.2379, yielding 438.0%, up from its previous dividend of $0.21.
• Enagas stock is currently trading at $7.76, with a 12-month price range between $5.91 and $8.44.

Enagas SA Unsponsored ADR (OTCMKTS:ENGGY - Get Free Report) was the target of a significant increase in short interest during the month of August. As of August 31st, there was short interest totaling 8,200 shares, an increase of 41.4% from the August 15th total of 5,800 shares. Approximately 0.0% of the company's shares are short sold. Based on an average daily trading volume, of 3,900 shares, the short-interest ratio is currently 2.1 days. Based on an average daily trading volume, of 3,900 shares, the short-interest ratio is currently 2.1 days. Approximately 0.0% of the company's shares are short sold.

Enagas Trading Down 0.7%

Shares of OTCMKTS:ENGGY traded down $0.05 during trading on Friday, reaching $7.64. The stock had a trading volume of 1,409 shares, compared to its average volume of 1,540. The business has a fifty day moving average price of $7.69 and a 200-day moving average price of $7.61. The company has a debt-to-equity ratio of 0.42, a quick ratio of 1.36 and a current ratio of 1.40. Enagas has a fifty-two week low of $5.91 and a fifty-two week high of $8.44.

Enagas Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, July 18th. Stockholders of record on Tuesday, July 8th were given a $0.2379 dividend. This is a boost from Enagas's previous dividend of $0.21. This represents a dividend yield of 438.0%. The ex-dividend date of this dividend was Monday, July 7th.

About Enagas

Enagás, SA engages in the development, operation, and maintenance of gas infrastructures in Spain and internationally. The company provides gas transportation services through gas pipelines; natural gas regasification services; and operates underground storage facilities. It is involved in the operation and technical management of the basic network and secondary transportation network for natural gas.