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

ENN Energy Holdings Ltd. (OTCMKTS:XNGSY) was the recipient of a significant increase in short interest during the month of May. As of May 15th, there was short interest totaling 9,803 shares, an increase of 1,553.1% from the April 30th total of 593 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 14,069 shares, the short-interest ratio is presently 0.7 days.

Analyst Upgrades and Downgrades

Separately, Zacks Research cut shares of ENN Energy from a “hold” rating to a “strong sell” rating in a research report on Tuesday, May 5th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock presently has an average rating of “Sell”.

ENN Energy Stock Down 2.3%

XNGSY stock opened at $28.05 on Thursday. The firm has a fifty day moving average price of $31.72 and a 200 day moving average price of $34.22. ENN Energy has a fifty-two week low of $28.02 and a fifty-two week high of $39.40. The company has a debt-to-equity ratio of 0.19, a current ratio of 0.64 and a quick ratio of 0.59.

About ENN Energy

ENN Energy Holdings Limited is a leading city gas distribution and integrated energy services provider in the People’s Republic of China. The company’s core business spans the purchase, transmission and sale of natural gas, liquefied natural gas (LNG), compressed natural gas (CNG) and liquefied petroleum gas (LPG) through an extensive pipeline network. In addition to its traditional piped gas operations, ENN Energy offers installation and maintenance of gas appliances, emergency response services and energy consulting for residential, commercial and industrial customers.

Building on its gas distribution platform, ENN Energy has expanded into integrated energy projects that combine multiple energy sources such as gas, electricity, thermal energy and renewable fuels.