Enel SpA (OTCMKTS:ENLAY) Short Interest Update

Enel SpA (OTCMKTS:ENLAY) was the target of a large growth in short interest in the month of 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 daily volume of 2,529,500 shares, the days-to-cover ratio is presently 0.1 days.

Enel Trading Up 1.4 %

Shares of ENLAY traded up $0.10 during mid-day trading on Thursday, hitting $7.33. 445,635 shares of the stock were exchanged, compared to its average volume of 719,023. The firm has a 50-day moving average of $7.12 and a two-hundred day moving average of $7.35. Enel has a 52-week low of $6.04 and a 52-week high of $8.01. The company has a quick ratio of 0.77, a current ratio of 0.86 and a debt-to-equity ratio of 1.23.

Enel Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Wednesday, February 12th. Shareholders of record on Tuesday, January 21st will be paid a $0.2315 dividend. This is a boost from Enel’s previous dividend of $0.12. The ex-dividend date of this dividend is Tuesday, January 21st.

Analyst Ratings Changes

ENLAY has been the topic of several research analyst reports. Deutsche Bank Aktiengesellschaft started coverage on shares of Enel in a report on Wednesday, October 2nd. They issued a “hold” rating on the stock. Barclays upgraded 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.