Short Interest in Enel SpA (OTCMKTS:ENLAY) Decreases By 50.9%

Enel SpA (OTCMKTS:ENLAY - Get Free Report) was the target of a significant decrease in short interest in May. As of May 15th, there was short interest totalling 56,800 shares, a decrease of 50.9% from the April 30th total of 115,700 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 1,060,000 shares, the days-to-cover ratio is presently 0.1 days.

Analysts Set New Price Targets

Separately, Barclays reissued an "overweight" rating on shares of Enel in a research note on Friday, May 23rd.

Enel Price Performance

Shares of OTCMKTS:ENLAY traded up $0.05 during midday trading on Tuesday, hitting $9.21. The company had a trading volume of 359,625 shares, compared to its average volume of 461,200. Enel has a twelve month low of $6.65 and a twelve month high of $9.22. The stock has a market cap of $93.64 billion, a price-to-earnings ratio of 12.62, a price-to-earnings-growth ratio of 2.50 and a beta of 0.97. The company has a debt-to-equity ratio of 1.23, a current ratio of 0.86 and a quick ratio of 0.77. The business's 50-day simple moving average is $8.48 and its 200-day simple moving average is $7.65.

Enel (OTCMKTS:ENLAY - Get Free Report) last issued its earnings results on Thursday, May 8th. The utilities provider reported $0.20 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.20. The company had revenue of $24.89 billion during the quarter, compared to analysts' expectations of $19.69 billion. On average, research analysts predict that Enel will post 0.71 earnings per share for the current year.

Enel Company Profile

Enel SpA operates as an integrated operator in electricity and gas industries worldwide. It generates, distributes, transmits, and sells electricity; transports and markets natural gas; and constructs and operates generation plants and distribution grids. The company also provides energy management services; e-vehicle charging infrastructure for public and private customers; and engages in the energy commodities business.