Enel SpA (OTCMKTS:ENLAY – Get Free Report) saw a significant decline in short interest in November. As of November 15th, there was short interest totalling 50,600 shares, a decline of 34.6% from the October 31st total of 77,400 shares. Based on an average daily volume of 568,700 shares, the days-to-cover ratio is presently 0.1 days.
Analyst Upgrades and Downgrades
Several brokerages have recently weighed in on ENLAY. Deutsche Bank Aktiengesellschaft initiated coverage on Enel in a research report on Wednesday, October 2nd. They set a “hold” rating on the stock. Barclays raised shares of Enel to a “strong-buy” rating in a report on Friday, September 27th.
View Our Latest Analysis on Enel
Enel Price Performance
Enel Company Profile
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.
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