Enel SpA (OTCMKTS:ENLAY - Get Free Report) was the recipient of a large growth in short interest in December. As of December 31st, there was short interest totalling 299,100 shares, a growth of 105.6% from the December 15th total of 145,500 shares. Based on an average trading volume of 2,529,500 shares, the days-to-cover ratio is presently 0.1 days.
Enel Price Performance
ENLAY stock traded up $0.06 during midday trading on Tuesday, reaching $7.10. The company's stock had a trading volume of 622,679 shares, compared to its average volume of 748,072. The business's 50-day simple moving average is $7.13 and its 200-day simple moving average is $7.35. Enel has a 52 week low of $6.04 and a 52 week high of $8.01.
Enel Increases Dividend
The business also recently disclosed a dividend, which will be paid on Wednesday, February 12th. Investors of record on Tuesday, January 21st will be paid a dividend of $0.2315 per share. The ex-dividend date of this dividend is Tuesday, January 21st. This is a boost from Enel's previous dividend of $0.12.
Wall Street Analysts Forecast Growth
Several research analysts have issued reports on ENLAY shares. Deutsche Bank Aktiengesellschaft initiated coverage on Enel in a report on Wednesday, October 2nd. They set a "hold" rating on the stock. Barclays upgraded Enel to a "strong-buy" rating in a research report on Friday, September 27th.
Check Out Our Latest Research Report on Enel
About Enel
(
Get Free Report)
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.
See Also
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Enel, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Enel wasn't on the list.
While Enel currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Which stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
