Short Interest in ENN Energy Holdings Ltd. (OTCMKTS:XNGSY) Declines By 33.3%

Key Points

• Short interest in ENN Energy Holdings Ltd. decreased by 33.3% in July, with only 400 shares reported short as of July 15th.
• The company's stock price increased by 1.5% to $33.52, following a year range of $22.53 to $39.00.
• ENN Energy announced a significant dividend increase to $1.0154 per share, representing a yield of 3.86%, set to be paid on August 8th.

ENN Energy Holdings Ltd. (OTCMKTS:XNGSY - ) saw a large drop in short interest during the month of July. As of July 15th, there was short interest totalling 400 shares, a drop of 33.3% from the June 30th total of 600 shares. Based on an average daily volume of 12,800 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the shares of the company are short sold.

ENN Energy Stock Up 1.5%

Shares of OTCMKTS XNGSY opened at $33.52 on Wednesday. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.64 and a current ratio of 0.68. ENN Energy has a one year low of $22.53 and a one year high of $39.00. The company's fifty day moving average is $32.49 and its two-hundred day moving average is $30.62.

ENN Energy Increases Dividend

The business also recently announced a dividend, which will be paid on Friday, August 8th. Investors of record on Friday, May 30th will be issued a $1.0154 dividend. This represents a yield of 3.86%. This is an increase from ENN Energy's previous dividend of $0.26. The ex-dividend date is Thursday, May 29th.

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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