Enel SpA (OTCMKTS:ENLAY) Sees Large Growth in Short Interest

Enel SpA (OTCMKTS:ENLAY) was the recipient of a significant increase in short interest during the month of February. As of February 28th, there was short interest totalling 111,800 shares, an increase of 113.4% from the February 13th total of 52,400 shares. Based on an average daily volume of 651,600 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.0% of the company’s stock are short sold.

Enel Price Performance

Shares of Enel stock opened at $7.62 on Friday. The company has a current ratio of 0.86, a quick ratio of 0.77 and a debt-to-equity ratio of 1.23. Enel has a 52 week low of $6.04 and a 52 week high of $8.01. The firm’s 50 day moving average is $7.18 and its two-hundred day moving average is $7.35.

Enel (OTCMKTS:ENLAY) last released its quarterly earnings results on Thursday, March 13th. The utilities provider reported $0.12 EPS for the quarter, topping the consensus estimate of $0.11 by $0.01. The firm had revenue of $22.74 billion for the quarter, compared to analyst estimates of $39.11 billion. On average, analysts predict that Enel will post 0.71 earnings per share for the current fiscal year.

About Enel

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.