Engie SA (OTCMKTS:ENGIY) Sees Significant Drop in Short Interest

Engie SA (OTCMKTS:ENGIY) was the recipient of a significant decline in short interest in the month of January. As of January 31st, there was short interest totalling 52,000 shares, a decline of 70.3% from the January 15th total of 175,300 shares. Based on an average daily trading volume, of 307,700 shares, the short-interest ratio is currently 0.2 days.

Engie Price Performance

OTCMKTS:ENGIY traded up $0.08 during mid-day trading on Wednesday, reaching $16.52. 85,642 shares of the company’s stock traded hands, compared to its average volume of 146,238. The company has a 50 day moving average price of $16.09 and a 200-day moving average price of $16.63. The company has a quick ratio of 0.92, a current ratio of 0.99 and a debt-to-equity ratio of 1.09. Engie has a 12-month low of $13.98 and a 12-month high of $18.00.

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.