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

Endesa S.A. – Unsponsored ADR (OTCMKTS:ELEZY) was the recipient of a large increase in short interest in August. As of August 31st, there was short interest totaling 42,017 shares, an increase of 296.4% from the August 15th total of 10,600 shares. Based on an average daily volume of 42,409 shares, the short-interest ratio is presently 1.0 days. Approximately 0.0% of the company’s shares are sold short.

Analysts Set New Price Targets

A number of research firms have recently issued reports on ELEZY. Zacks Research lowered Endesa from a “strong-buy” rating to a “hold” rating in a report on Monday, June 1st. Citigroup reiterated a “sell” rating on shares of Endesa in a report on Tuesday, May 19th. Finally, Morgan Stanley reissued an “underweight” rating on shares of Endesa in a research report on Wednesday, July 1st. Three investment analysts have rated the stock with a Hold rating and five have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Strong Sell”.

Endesa Stock Down 0.7%

Shares of ELEZY opened at $24.34 on Friday. The company’s 50 day moving average price is $23.81 and its 200 day moving average price is $22.17. Endesa has a 52 week low of $15.36 and a 52 week high of $25.06.

Endesa Company Profile

Endesa, SA is a Spanish energy company engaged in the generation, distribution and sale of electricity, as well as the marketing of natural gas and related energy services. Its generation portfolio includes renewable energy, hydroelectric, nuclear and thermal power facilities, with the company continuing to expand its solar and wind capabilities as part of the energy transition.

Endesa serves residential, commercial and industrial customers primarily in Spain and Portugal. Through its distribution and retail operations, the company manages electricity networks, supplies energy and provides services related to energy efficiency, electric mobility and other customer energy needs.

Founded in 1944, Endesa has historically been one of Spain’s major electricity producers and has played a significant role in the development of the country’s power infrastructure.