Engie SA (OTCMKTS:ENGIY) Short Interest Up 77.4% in December

Engie SA (OTCMKTS:ENGIY) saw a large increase in short interest in the month of December. As of December 31st, there was short interest totalling 34,600 shares, an increase of 77.4% from the December 15th total of 19,500 shares. Based on an average daily volume of 455,700 shares, the days-to-cover ratio is presently 0.1 days.

Engie Stock Up 0.6 %

OTCMKTS ENGIY opened at $16.42 on Friday. Engie has a twelve month low of $13.98 and a twelve month high of $18.00. The business has a 50-day moving average price of $15.98 and a 200-day moving average price of $16.46.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on ENGIY. Bank of America raised Engie from an “underperform” rating to a “neutral” rating in a research report on Wednesday, October 2nd. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Engie in a research report on Wednesday, October 2nd. They issued a “hold” rating for the company. Finally, Sanford C. Bernstein began coverage on shares of Engie in a research report on Wednesday, October 2nd. They set an “outperform” rating on the stock.

About Engie

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.