Enel SpA (OTCMKTS:ENLAY - Get Free Report) saw a large decline in short interest in November. As of November 15th, there was short interest totalling 50,600 shares, a decline of 34.6% from the October 31st total of 77,400 shares. Based on an average trading volume of 568,700 shares, the short-interest ratio is currently 0.1 days.
Enel Stock Performance
Shares of OTCMKTS ENLAY traded up $0.09 during midday trading on Friday, hitting $7.07. 167,956 shares of the company's stock were exchanged, compared to its average volume of 350,713. The company's 50 day moving average price is $7.50 and its 200 day moving average price is $7.34. Enel has a 12 month low of $6.04 and a 12 month high of $8.01.
Analyst Upgrades and Downgrades
A number of analysts have recently issued reports on the stock. Barclays upgraded shares of Enel to a "strong-buy" rating in a research note on Friday, September 27th. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Enel in a research note on Wednesday, October 2nd. They set a "hold" rating on the stock.
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About Enel
(
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Enel SpA operates as an integrated operator in electricity and gas industries worldwide. It generates, distributes, transmits, and sells electricity; transports and markets natural gas; and constructs and operates generation plants and distribution grids. The company also provides energy management services; e-vehicle charging infrastructure for public and private customers; and engages in the energy commodities business.
Further Reading
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