ENN Energy Holdings Limited (OTCMKTS:XNGSF) Sees Significant Drop in Short Interest

ENN Energy Holdings Limited (OTCMKTS:XNGSF) was the target of a significant drop in short interest in February. As of February 27th, there was short interest totaling 374,966 shares, a drop of 12.5% from the February 12th total of 428,566 shares. Based on an average trading volume of 148 shares, the short-interest ratio is presently 2,533.6 days. Based on an average trading volume of 148 shares, the short-interest ratio is presently 2,533.6 days.

ENN Energy Stock Up 3.5%

XNGSF opened at $8.57 on Wednesday. ENN Energy has a fifty-two week low of $7.11 and a fifty-two week high of $9.78. The business has a 50-day moving average of $8.83 and a 200-day moving average of $8.78.

ENN Energy Company Profile

ENN Energy Holdings Limited, traded over-the-counter under the ticker XNGSF, is one of China’s leading clean energy distributors and a core subsidiary of the privately held ENN Group. Since its inception in the early 1990s, the company has built an extensive city-gas network, supplying piped natural gas, liquefied natural gas (LNG) and compressed natural gas (CNG) to residential, commercial and industrial customers across China.

The company’s primary business activities include the development, operation and management of urban gas pipeline infrastructure.