Short Interest in E.On Se (OTCMKTS:EONGY) Rises By 127.5%

E.On Se (OTCMKTS:EONGY - Get Free Report) was the target of a significant growth in short interest in the month of January. As of January 31st, there was short interest totalling 129,900 shares, a growth of 127.5% from the January 15th total of 57,100 shares. Based on an average trading volume of 854,600 shares, the days-to-cover ratio is presently 0.2 days.

E.On Price Performance

Shares of EONGY traded up $0.07 during mid-day trading on Monday, hitting $12.13. 89,526 shares of the company's stock were exchanged, compared to its average volume of 384,960. The firm has a fifty day moving average of $11.73 and a two-hundred day moving average of $13.06. E.On has a twelve month low of $10.65 and a twelve month high of $15.41. The company has a debt-to-equity ratio of 1.57, a quick ratio of 0.82 and a current ratio of 0.87.

Wall Street Analysts Forecast Growth

Separately, Morgan Stanley upgraded shares of E.On from an "equal weight" rating to an "overweight" rating in a report on Thursday, December 5th.

About E.On

E.ON SE operates as an energy company in Germany, the United Kingdom, Sweden, the Netherlands, rest of Europe, and internationally. It operates through two segments, Energy Networks and Customer Solutions. The Energy Networks segment operates power and gas distribution networks, as well as provides maintenance, repairs, and related services.