Endesa S.A. – Unsponsored ADR (OTCMKTS:ELEZY) Short Interest Up 135.2% in July

Endesa S.A. – Unsponsored ADR (OTCMKTS:ELEZY) was the target of a large growth in short interest in July. As of July 15th, there was short interest totaling 32,389 shares, a growth of 135.2% from the June 30th total of 13,770 shares. Based on an average daily volume of 37,544 shares, the days-to-cover ratio is currently 0.9 days. Currently, 0.0% of the shares of the stock are short sold.

Endesa Price Performance

Shares of Endesa stock traded up $0.30 on Wednesday, hitting $23.66. The stock had a trading volume of 9,811 shares, compared to its average volume of 22,233. Endesa has a twelve month low of $14.33 and a twelve month high of $23.84. The business’s 50 day moving average is $22.07 and its two-hundred day moving average is $20.83.

Analysts Set New Price Targets

ELEZY has been the topic of several recent analyst reports. Zacks Research lowered Endesa from a “strong-buy” rating to a “hold” rating in a research report on Monday, June 1st. Citigroup reissued a “sell” rating on shares of Endesa in a research note on Tuesday, May 19th. Finally, Morgan Stanley reissued an “underweight” rating on shares of Endesa in a research report on Wednesday, July 1st. Four analysts have rated the stock with a Hold rating and five have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Strong Sell”.

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.