ENN Energy Holdings Ltd. (OTCMKTS:XNGSY) Short Interest Down 25.0% in July

Key Points

• Short interest in ENN Energy Holdings Ltd. has decreased by 25.0% in July, now totaling just 300 shares from 400 shares mid-month.
• The company declared a new dividend of $1.0154 per share, significantly increasing the yield to 386.0% from its previous dividend of $0.26.
• ENN Energy's stock opened at $32.33 with a 12-month high of $39.00, indicating a solid performance in the market.

ENN Energy Holdings Ltd. (OTCMKTS:XNGSY - ) saw a large decline in short interest in the month of July. As of July 31st, there was short interest totaling 300 shares, adeclineof25.0% from the July 15th total of 400 shares. Approximately0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 5,000 shares, the short-interest ratio is currently 0.1 days. Based on an average daily trading volume, of 5,000 shares, the short-interest ratio is currently 0.1 days. Approximately0.0% of the shares of the company are short sold.

ENN Energy Price Performance

Shares of OTCMKTS XNGSY opened at $32.33 on Thursday. The company has a quick ratio of 0.64, a current ratio of 0.68 and a debt-to-equity ratio of 0.26. The business's 50 day moving average is $32.58 and its two-hundred day moving average is $31.20. ENN Energy has a 12 month low of $22.53 and a 12 month high of $39.00.

ENN Energy Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, August 8th. Shareholders of record on Friday, May 30th were given a $1.0154 dividend. The ex-dividend date of this dividend was Thursday, May 29th. This represents a yield of 386.0%. This is an increase from ENN Energy's previous dividend of $0.26.

ENN Energy Company Profile

ENN Energy Holdings Limited, an investment holding company, engages in the investment, construction, operation, and management of gas pipeline infrastructure in the People's Republic of China. It operates through Retail Gas Sales Business, Integrated Energy Business, Wholesale of Gas, Construction and Installation, and Value Added Business segments.

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