ENGIE – Sponsored ADR (OTCMKTS:ENGIY) Stock Short Interest Report for October

ENGIE – Sponsored ADR (OTCMKTS:ENGIY) was the target of a large increase in short interest in October. As of October 15th, there was short interest totaling 265,855 shares, an increase of 240.0% from the September 30th total of 78,185 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 805,363 shares, the days-to-cover ratio is currently 0.3 days.

Analysts Set New Price Targets

Separately, Zacks Research downgraded ENGIE from a “strong-buy” rating to a “hold” rating in a report on Friday, July 10th. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy”.

ENGIE Price Performance

OTCMKTS:ENGIY opened at $26.32 on Friday. The firm’s 50-day moving average price is $26.97 and its 200-day moving average price is $30.22. The company has a quick ratio of 0.94, a current ratio of 1.00 and a debt-to-equity ratio of 1.17. ENGIE has a 1-year low of $23.27 and a 1-year high of $35.16.

ENGIE Company Profile

ENGIE is a French multinational energy company that develops, owns, and operates energy infrastructure and provides energy-related services. Its activities span renewable power generation, energy supply and management, electricity and gas networks, and solutions designed to improve energy efficiency and support the transition to lower-carbon energy systems.

The company’s portfolio includes wind, solar, hydroelectric, and other renewable energy projects, along with flexible and thermal power-generation assets.