ENGIE - Sponsored ADR (OTCMKTS:ENGIY) Sees Significant Decrease in Short Interest

Key Points

• ENGIE - Sponsored ADR experienced a **significant decrease** in short interest, dropping from **11,300 shares to 4,200 shares**, a drop of **62.8%** in September.
• As of the latest trading session, ENGIE's stock traded down **0.9%**, reaching **$21.76**, with a 52-week low of **$15.10** and a high of **$23.70**.
• Analyst ratings are mixed, with **one Strong Buy**, **two Buy**, and **one Hold** rating, leading to a consensus rating of **"Buy"** for ENGIE stock.

ENGIE - Sponsored ADR (OTCMKTS:ENGIY - Get Free Report) was the target of a large decrease in short interest in the month of September. As of September 15th, there was short interest totaling 4,200 shares, a decrease of 62.8% from the August 31st total of 11,300 shares. Based on an average trading volume of 368,600 shares, the short-interest ratio is presently 0.0 days. Based on an average trading volume of 368,600 shares, the short-interest ratio is presently 0.0 days.

ENGIE Trading Down 0.9%

Shares of ENGIE stock traded down $0.21 during trading hours on Thursday, reaching $21.76. 68,748 shares of the company's stock were exchanged, compared to its average volume of 239,888. ENGIE has a 52-week low of $15.10 and a 52-week high of $23.70. The company has a fifty day moving average of $21.59 and a 200-day moving average of $21.42.

Wall Street Analyst Weigh In

ENGIY has been the topic of a number of research reports. Zacks Research cut ENGIE from a "strong-buy" rating to a "hold" rating in a report on Wednesday, August 20th. Barclays upgraded ENGIE from a "hold" rating to a "strong-buy" rating in a report on Wednesday, June 4th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Buy".

ENGIE Company Profile

ENGIE SA engages in the power, natural gas, and energy services businesses. It operates through Renewables, Networks, Energy Solutions, FlexGen, Retail, Nuclear, and Others segments. The Renewables segment comprises renewable energy generation activities, including financing, construction, operation, and maintenance of renewable energy facilities using various energy sources, such as hydroelectric, onshore wind, photovoltaic solar, offshore wind, and geothermal.

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