Enagas SA Unsponsored ADR (OTCMKTS:ENGGY) Stock Short Interest Report for October

Enagas SA Unsponsored ADR (OTCMKTS:ENGGY) saw a large growth in short interest in the month of October. As of October 15th, there was short interest totaling 2,180 shares, a growth of 336.0% from the September 30th total of 500 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 3,867 shares, the days-to-cover ratio is presently 0.6 days.

Enagas Price Performance

ENGGY opened at $9.76 on Wednesday. The business has a 50 day simple moving average of $9.50 and a 200-day simple moving average of $9.36. Enagas has a 12 month low of $7.45 and a 12 month high of $10.29.

Analyst Upgrades and Downgrades

Separately, Oddo Bhf downgraded shares of Enagas to a “neutral” rating in a research report on Wednesday, September 30th. Three investment analysts have rated the stock with a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, Enagas has a consensus rating of “Reduce”.

About Enagas

Enagás, SA is a Spanish energy infrastructure company focused on the transportation, storage and regasification of natural gas. The company serves as Spain’s primary gas transmission system operator and technical manager of the national gas system, helping coordinate the flow of gas through the country’s infrastructure.

Its assets and activities include high-pressure gas transmission pipelines, liquefied natural gas regasification terminals and underground gas storage facilities. Enagás also develops infrastructure related to the energy transition, including projects involving renewable hydrogen, biomethane and other low-carbon gases.

Founded in 1972 and headquartered in Madrid, Enagás primarily operates in Spain and has developed an international presence through investments and infrastructure projects in selected European and Latin American markets.