ENAGAS S A/ADR (OTCMKTS:ENGGY) Short Interest Up 822.7% in September

ENAGAS S A/ADR (OTCMKTS:ENGGY) was the target of a large increase in short interest in September. As of September 30th, there was short interest totalling 20,300 shares, an increase of 822.7% from the September 15th total of 2,200 shares. Based on an average trading volume of 59,100 shares, the days-to-cover ratio is currently 0.3 days.

Shares of ENGGY opened at $11.36 on Thursday. The company has a debt-to-equity ratio of 0.36, a current ratio of 0.80 and a quick ratio of 0.79. The business’s 50 day moving average price is $11.31 and its 200-day moving average price is $11.31. ENAGAS S A/ADR has a 52 week low of $10.24 and a 52 week high of $12.39.

Several analysts have weighed in on ENGGY shares. The Goldman Sachs Group cut ENAGAS S A/ADR from a “buy” rating to a “neutral” rating in a research report on Wednesday, July 28th. JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of ENAGAS S A/ADR in a research report on Wednesday, July 28th. Deutsche Bank Aktiengesellschaft reaffirmed a “sell” rating on shares of ENAGAS S A/ADR in a research report on Tuesday, June 22nd. UBS Group reaffirmed a “neutral” rating on shares of ENAGAS S A/ADR in a research report on Thursday, September 9th. Finally, Barclays reaffirmed an “underweight” rating on shares of ENAGAS S A/ADR in a research report on Tuesday, September 7th. Four analysts have rated the stock with a sell rating and four have issued a hold rating to the company. According to MarketBeat, ENAGAS S A/ADR presently has an average rating of “Hold”.

ENAGAS S A/ADR Company Profile

Enagás, SA engages in the development, operation, and maintenance of gas infrastructures in Spain and internationally. The company provides gas transportation services through gas pipelines; natural gas regasification services; and operates underground storage facilities. It is involved in the operation and technical management of the basic network and secondary transportation network for natural gas.

Featured Article: How are the companies in the S&P 500 selected?

Receive News & Ratings for ENAGAS S A/ADR Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ENAGAS S A/ADR and related companies with MarketBeat.com's FREE daily email newsletter.