Enel SpA (OTCMKTS:ENLAY) Short Interest Down 34.6% in November

Enel SpA (OTCMKTS:ENLAY) was the recipient of a significant drop in short interest during the month of November. As of November 15th, there was short interest totalling 50,600 shares, a drop 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 presently 0.1 days.

Enel Trading Up 1.3 %

ENLAY stock traded up $0.09 during trading on Friday, reaching $7.16. The stock had a trading volume of 172,238 shares, compared to its average volume of 336,139. Enel has a one year low of $6.04 and a one year high of $8.01. The company’s 50 day moving average is $7.49 and its two-hundred day moving average is $7.34.

Analyst Ratings Changes

Several research firms recently issued reports on ENLAY. Deutsche Bank Aktiengesellschaft began coverage on shares of Enel in a report on Wednesday, October 2nd. They issued a “hold” rating on the stock. Barclays raised shares of Enel to a “strong-buy” rating in a research report on Friday, September 27th.

Enel Company Profile

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.