Engie SA (OTCMKTS:ENGIY) Short Interest Update

Engie SA (OTCMKTS:ENGIY) saw a large decline in short interest in November. As of November 30th, there was short interest totalling 27,000 shares, a decline of 63.8% from the November 15th total of 74,600 shares. Based on an average daily volume of 301,600 shares, the short-interest ratio is presently 0.1 days.

Analysts Set New Price Targets

ENGIY has been the subject of several research analyst reports. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Engie in a research note on Wednesday, October 2nd. They set a “hold” rating for the company. Sanford C. Bernstein initiated coverage on Engie in a research report on Wednesday, October 2nd. They issued an “outperform” rating on the stock. Finally, Bank of America raised Engie from an “underperform” rating to a “neutral” rating in a report on Wednesday, October 2nd.

Engie Stock Performance

Shares of Engie stock traded up $0.11 during trading hours on Friday, reaching $15.91. The company’s stock had a trading volume of 157,571 shares, compared to its average volume of 191,125. The firm has a 50 day moving average price of $16.54 and a 200-day moving average price of $16.39. Engie has a one year low of $13.98 and a one year high of $18.15.

Engie Company Profile

ENGIE SA engages in the power, natural gas, and energy services businesses. It operates through Renewables, Networks, Energy Solutions, FlexGen, Retail, Nuclear, and Others segments. The Renewables segment comprises renewable energy generation activities, including financing, construction, operation, and maintenance of renewable energy facilities using various energy sources, such as hydroelectric, onshore wind, photovoltaic solar, offshore wind, and geothermal.