Short Interest in Enel SpA (OTCMKTS:ENLAY) Declines By 32.7%

Enel SpA (OTCMKTS:ENLAY) was the recipient of a large decline in short interest in the month of March. As of March 31st, there was short interest totalling 99,000 shares, a decline of 32.7% from the March 15th total of 147,100 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 625,700 shares, the short-interest ratio is currently 0.2 days.

Enel Price Performance

OTCMKTS ENLAY opened at $8.32 on Friday. The company has a 50-day moving average price of $7.59 and a two-hundred day moving average price of $7.38. Enel has a 52 week low of $6.16 and a 52 week high of $8.64. The stock has a market cap of $84.59 billion, a price-to-earnings ratio of 11.24, a price-to-earnings-growth ratio of 2.50 and a beta of 0.86. The company has a current ratio of 0.86, a quick ratio of 0.77 and a debt-to-equity ratio of 1.23.

Enel (OTCMKTS:ENLAY) last posted its earnings results on Thursday, March 13th. The utilities provider reported $0.12 EPS for the quarter, beating the consensus estimate of $0.11 by $0.01. The business had revenue of $22.74 billion during the quarter, compared to analyst estimates of $39.11 billion. Analysts forecast that Enel will post 0.71 EPS for the current year.

About Enel

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.