E.On Se (OTCMKTS:EONGY) Sees Large Drop in Short Interest

E.On Se (OTCMKTS:EONGY) was the recipient of a large decrease in short interest in the month of June. As of June 15th, there was short interest totalling 8,100 shares, a decrease of 78.1% from the May 31st total of 37,000 shares. Based on an average daily volume of 61,700 shares, the short-interest ratio is presently 0.1 days.

E.On Price Performance

Shares of OTCMKTS:EONGY traded down $0.08 during mid-day trading on Thursday, reaching $13.29. 31,050 shares of the stock were exchanged, compared to its average volume of 37,896. The stock’s 50 day simple moving average is $13.55 and its 200-day simple moving average is $13.45. The company has a quick ratio of 0.85, a current ratio of 0.90 and a debt-to-equity ratio of 1.59. E.On has a one year low of $11.07 and a one year high of $14.49.

E.On (OTCMKTS:EONGY) last announced its quarterly earnings data on Wednesday, May 15th. The utilities provider reported $0.43 EPS for the quarter. E.On had a net margin of 1.41% and a return on equity of 11.07%. The business had revenue of $24.58 billion for the quarter. On average, analysts predict that E.On will post 1.23 EPS for the current year.

E.On Increases Dividend

The business also recently declared a dividend, which was paid on Tuesday, May 28th. Shareholders of record on Monday, May 20th were given a dividend of $0.4268 per share. This is a positive change from E.On’s previous dividend of $0.40. The ex-dividend date was Friday, May 17th.

E.On Company Profile

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.