Short Interest in Endesa S.A. – Unsponsored ADR (OTCMKTS:ELEZY) Drops By 29.2%

Endesa S.A. – Unsponsored ADR (OTCMKTS:ELEZY) was the target of a significant decrease in short interest during the month of December. As of December 15th, there was short interest totaling 15,258 shares, a decrease of 29.2% from the November 30th total of 21,560 shares. Based on an average daily volume of 29,596 shares, the days-to-cover ratio is presently 0.5 days. Based on an average daily volume of 29,596 shares, the days-to-cover ratio is presently 0.5 days.

Endesa Trading Down 0.2%

ELEZY stock traded down $0.05 during mid-day trading on Monday, hitting $18.31. 9,149 shares of the stock were exchanged, compared to its average volume of 18,249. The business has a fifty day moving average price of $18.04 and a 200 day moving average price of $16.44. Endesa has a 12 month low of $10.38 and a 12 month high of $18.95.

Analysts Set New Price Targets

Several research firms have recently issued reports on ELEZY. Kepler Capital Markets lowered shares of Endesa from a “hold” rating to a “strong sell” rating in a research report on Tuesday, September 23rd. Hsbc Global Res cut shares of Endesa from a “strong-buy” rating to a “hold” rating in a report on Tuesday, October 7th. Sanford C. Bernstein downgraded Endesa from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, September 3rd. Zacks Research lowered Endesa from a “strong-buy” rating to a “hold” rating in a report on Wednesday, September 17th. Finally, Morgan Stanley reiterated an “underweight” rating on shares of Endesa in a research note on Thursday, October 30th. Four investment analysts have rated the stock with a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Reduce”.

About Endesa

Endesa, SA is one of the leading electric utility companies in Spain, serving residential, commercial, and industrial customers. The company’s core activities include the generation, distribution and supply of electricity, along with the sale of natural gas. Endesa operates a diverse energy portfolio encompassing hydroelectric, nuclear, coal-fired and renewable power plants, reflecting a strategic commitment to decarbonization and the integration of green energy sources.

In electricity generation, Endesa manages an extensive network of power stations across Spain and Portugal, leveraging its scale to optimize production costs and ensure grid reliability.