Enel SpA (OTCMKTS:ENLAY) Short Interest Up 11.0% in September

Enel SpA (OTCMKTS:ENLAY) saw a large increase in short interest during the month of September. As of September 30th, there was short interest totalling 68,600 shares, an increase of 11.0% from the September 15th total of 61,800 shares. Based on an average daily volume of 559,100 shares, the days-to-cover ratio is currently 0.1 days.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on ENLAY. Barclays upgraded shares of Enel to a “strong-buy” rating in a report on Friday, September 27th. Jefferies Financial Group upgraded Enel from a “hold” rating to a “buy” rating in a report on Friday, July 12th. Finally, Deutsche Bank Aktiengesellschaft began coverage on Enel in a research note on Wednesday, October 2nd. They set a “hold” rating for the company.

Enel Stock Up 0.8 %

Shares of Enel stock opened at $7.86 on Thursday. Enel has a 12-month low of $5.90 and a 12-month high of $8.01. The stock has a 50 day moving average price of $7.60 and a two-hundred day moving average price of $7.16.

Enel (OTCMKTS:ENLAY) last posted its quarterly earnings data on Friday, July 26th. The utilities provider reported $0.23 earnings per share (EPS) for the quarter. The firm had revenue of $20.77 billion for the quarter. On average, analysts predict that Enel will post 0.75 EPS for the current fiscal 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.