ENN Energy Holdings Limited (OTCMKTS:XNGSY) Sees Significant Decrease in Short Interest

ENN Energy Holdings Limited (OTCMKTS:XNGSY) saw a significant drop in short interest in the month of April. As of April 15th, there was short interest totalling 167,700 shares, a drop of 78.7% from the March 31st total of 786,500 shares. Based on an average daily volume of 342,000 shares, the short-interest ratio is currently 0.5 days.

ENN Energy Price Performance

Shares of OTCMKTS XNGSY traded up $0.66 during mid-day trading on Thursday, reaching $33.56. The company had a trading volume of 54,765 shares, compared to its average volume of 186,450. The company has a quick ratio of 0.71, a current ratio of 0.76 and a debt-to-equity ratio of 0.29. ENN Energy has a one year low of $24.46 and a one year high of $58.18. The business’s 50-day simple moving average is $32.01 and its 200 day simple moving average is $30.18.

ENN Energy Company Profile

ENN Energy Holdings Limited, an investment holding company, engages in the investment, construction, operation, and management of gas pipeline infrastructures; and integrated energy, and vehicle and ship refueling stations in the People's Republic of China. It operates through five segments: Retail Gas Sales Business, Integrated Energy Business, Wholesale of Gas, Construction and Installation, and Value Added Business.