Engie SA (OTCMKTS:ENGIY) Short Interest Up 77.4% in December

Engie SA (OTCMKTS:ENGIY) was the recipient of a large growth in short interest during the month of December. As of December 31st, there was short interest totalling 34,600 shares, a growth of 77.4% from the December 15th total of 19,500 shares. Based on an average trading volume of 455,700 shares, the short-interest ratio is presently 0.1 days.

Engie Stock Performance

ENGIY opened at $16.24 on Wednesday. Engie has a 52 week low of $13.98 and a 52 week high of $18.00. The stock’s fifty day moving average is $15.98 and its two-hundred day moving average is $16.46.

Analyst Ratings Changes

A number of analysts have weighed in on ENGIY shares. Sanford C. Bernstein assumed coverage on Engie in a research note on Wednesday, October 2nd. They issued an “outperform” rating on the stock. Bank of America upgraded shares of Engie from an “underperform” rating to a “neutral” rating in a report on Wednesday, October 2nd. Finally, Deutsche Bank Aktiengesellschaft assumed coverage on shares of Engie in a research note on Wednesday, October 2nd. They issued a “hold” rating on the stock.

About Engie

ENGIE SA engages in the power, natural gas, and energy services businesses. It operates through Renewables, Networks, Energy Solutions, FlexGen, Retail, Nuclear, and Others segments. The Renewables segment comprises renewable energy generation activities, including financing, construction, operation, and maintenance of renewable energy facilities using various energy sources, such as hydroelectric, onshore wind, photovoltaic solar, offshore wind, and geothermal.