Enagas SA Unsponsored ADR (OTCMKTS:ENGGY) Short Interest Update

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) saw a significant increase in short interest in 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. Currently, 0.0% of the company's stock are short sold. Based on an average trading volume of 3,900 shares, the short-interest ratio is presently 2.1 days. Based on an average trading volume of 3,900 shares, the short-interest ratio is presently 2.1 days. Currently, 0.0% of the company's stock are short sold.

Enagas Stock Performance

Shares of OTCMKTS:ENGGY traded down $0.05 on Thursday, hitting $7.71. 4,566 shares of the company were exchanged, compared to its average volume of 1,487. Enagas has a 1-year low of $5.91 and a 1-year high of $8.44. The stock's 50 day moving average price is $7.69 and its 200 day moving average price is $7.60. The company has a current ratio of 1.40, a quick ratio of 1.36 and a debt-to-equity ratio of 0.42.

Enagas Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, July 18th. Investors of record on Tuesday, July 8th were issued a dividend of $0.2379 per share. This represents a dividend yield of 438.0%. This is a boost from Enagas's previous dividend of $0.21. 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.