Enagas SA Unsponsored ADR (OTCMKTS:ENGGY) Stock Short Interest Report for October

Enagas SA Unsponsored ADR (OTCMKTS:ENGGY) was the recipient of a significant increase in short interest during the month of October. As of October 15th, there was short interest totaling 2,180 shares, an increase of 336.0% from the September 30th total of 500 shares. Based on an average daily volume of 3,867 shares, the short-interest ratio is presently 0.6 days. Currently, 0.0% of the shares of the company are sold short.

Analysts Set New Price Targets

Separately, Oddo Bhf lowered shares of Enagas to a “neutral” rating in a report on Wednesday, September 30th. Three research analysts have rated the stock with a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Reduce”.

Enagas Price Performance

Enagas stock traded down $0.03 during midday trading on Thursday, hitting $9.73. 540 shares of the company were exchanged, compared to its average volume of 3,231. Enagas has a fifty-two week low of $7.45 and a fifty-two week high of $10.29. The business has a fifty day simple moving average of $9.50 and a two-hundred day simple moving average of $9.37. The company has a quick ratio of 0.88, a current ratio of 0.90 and a debt-to-equity ratio of 1.35.

About Enagas

Enagás, SA is a Spanish energy infrastructure company focused on the transportation, storage and regasification of natural gas. The company serves as Spain’s primary gas transmission system operator and technical manager of the national gas system, helping coordinate the flow of gas through the country’s infrastructure.

Its assets and activities include high-pressure gas transmission pipelines, liquefied natural gas regasification terminals and underground gas storage facilities. Enagás also develops infrastructure related to the energy transition, including projects involving renewable hydrogen, biomethane and other low-carbon gases.

Founded in 1972 and headquartered in Madrid, Enagás primarily operates in Spain and has developed an international presence through investments and infrastructure projects in selected European and Latin American markets.