ENN Energy Holdings Ltd. (OTCMKTS:XNGSY) Short Interest Update

ENN Energy Holdings Ltd. (OTCMKTS:XNGSY) saw a significant growth in short interest in the month of August. As of August 31st, there was short interest totaling 1,400 shares, a growth of 250.0% from the August 15th total of 400 shares. Based on an average daily volume of 5,000 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.0% of the shares of the company are sold short. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 5,000 shares, the days-to-cover ratio is currently 0.3 days.

ENN Energy Price Performance

OTCMKTS XNGSY opened at $34.00 on Friday. The business has a fifty day moving average price of $32.66 and a two-hundred day moving average price of $31.81. ENN Energy has a fifty-two week low of $22.53 and a fifty-two week high of $39.00. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.64 and a current ratio of 0.68.

Analysts Set New Price Targets

Separately, Zacks Research lowered ENN Energy from a “hold” rating to a “strong sell” rating in a research note on Tuesday, September 2nd. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company has a consensus rating of “Sell”.

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.