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Enel SpA (OTCMKTS:ENLAY) Sees Significant Increase in Short Interest

Enel logo with Utilities background

Enel SpA (OTCMKTS:ENLAY - Get Free Report) saw a large growth in short interest during the month of May. As of May 31st, there was short interest totalling 137,900 shares, a growth of 142.8% from the May 15th total of 56,800 shares. Approximately 0.0% of the company's shares are sold short. Based on an average trading volume of 805,700 shares, the short-interest ratio is presently 0.2 days.

Analysts Set New Price Targets

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

Read Our Latest Stock Analysis on Enel

Enel Trading Up 0.4%

Enel stock traded up $0.04 during mid-day trading on Monday, hitting $9.21. 633,016 shares of the company's stock were exchanged, compared to its average volume of 458,456. The firm has a market capitalization of $93.64 billion, a P/E ratio of 12.62, a PEG ratio of 2.50 and a beta of 0.95. Enel has a fifty-two week low of $6.66 and a fifty-two week high of $9.29. The company has a quick ratio of 0.77, a current ratio of 0.86 and a debt-to-equity ratio of 1.23. The company's 50 day simple moving average is $8.72 and its 200-day simple moving average is $7.80.

Enel (OTCMKTS:ENLAY - Get Free Report) last issued its quarterly earnings data on Thursday, May 8th. The utilities provider reported $0.20 EPS for the quarter, hitting the consensus estimate of $0.20. The business had revenue of $24.89 billion for the quarter, compared to analyst estimates of $19.69 billion. On average, equities analysts anticipate that Enel will post 0.71 earnings per share for the current year.

Enel Company Profile

(Get Free Report)

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.

Further Reading

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