Endesa S.A. – Unsponsored ADR (OTCMKTS:ELEZY) Short Interest Update

Endesa S.A. – Unsponsored ADR (OTCMKTS:ELEZY) was the recipient of a significant increase in short interest during the month of April. As of April 30th, there was short interest totaling 32,018 shares, an increase of 165.7% from the April 15th total of 12,049 shares. Based on an average daily trading volume, of 32,494 shares, the days-to-cover ratio is currently 1.0 days.

Endesa Price Performance

Shares of Endesa stock opened at $21.72 on Friday. Endesa has a twelve month low of $14.33 and a twelve month high of $22.99. The company’s fifty day moving average is $21.23 and its 200 day moving average is $19.39.

Wall Street Analysts Forecast Growth

ELEZY has been the topic of a number of research reports. Zacks Research raised shares of Endesa from a “hold” rating to a “strong-buy” rating in a research note on Monday, April 20th. Santander cut shares of Endesa to an “underperform” rating in a research note on Friday, February 20th. Citigroup reaffirmed a “sell” rating on shares of Endesa in a research note on Wednesday, February 4th. Morgan Stanley reaffirmed an “underweight” rating on shares of Endesa in a research note on Thursday, May 7th. Finally, Berenberg Bank raised shares of Endesa to a “hold” rating in a research note on Wednesday, January 21st. One analyst has rated the stock with a Strong Buy rating, three have assigned a Hold rating and five have assigned a Sell rating to the company’s stock. According to data from MarketBeat, Endesa has an average rating of “Reduce”.

About Endesa

Endesa, SA is one of the leading electric utility companies in Spain, serving residential, commercial, and industrial customers. The company’s core activities include the generation, distribution and supply of electricity, along with the sale of natural gas. Endesa operates a diverse energy portfolio encompassing hydroelectric, nuclear, coal-fired and renewable power plants, reflecting a strategic commitment to decarbonization and the integration of green energy sources.

In electricity generation, Endesa manages an extensive network of power stations across Spain and Portugal, leveraging its scale to optimize production costs and ensure grid reliability.