Short Interest in Endesa, S.A. (OTCMKTS:ELEZF) Drops By 12.9%

Endesa, S.A. (OTCMKTS:ELEZF) was the recipient of a significant decrease in short interest in the month of February. As of February 15th, there was short interest totalling 98,400 shares, a decrease of 12.9% from the January 31st total of 113,000 shares. Based on an average daily trading volume, of 400 shares, the days-to-cover ratio is currently 246.0 days.

Institutional Investors Weigh In On Endesa

A hedge fund recently bought a new stake in Endesa stock. Generali Investments CEE investicni spolecnost a.s. acquired a new position in shares of Endesa, S.A. (OTCMKTS:ELEZF) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm acquired 9,500 shares of the company’s stock, valued at approximately $204,000. Institutional investors and hedge funds own 7.06% of the company’s stock.

Endesa Stock Performance

Shares of OTCMKTS ELEZF opened at $22.44 on Thursday. The business’s 50 day moving average price is $21.88 and its 200-day moving average price is $20.96. Endesa has a fifty-two week low of $17.80 and a fifty-two week high of $22.46.

Endesa Company Profile

Endesa, SA engages in the generation, distribution, and sale of electricity in Spain, Portugal, France, Germany, Morocco, Italy, the United Kingdom, Singapore, and internationally. The company generates electricity from various energy sources, such as hydroelectric, nuclear, thermal, wind, and solar.