Enel SpA (OTCMKTS:ENLAY) Short Interest Update

Enel SpA (OTCMKTS:ENLAY) was the recipient of a large increase in short interest during the month of June. As of June 15th, there was short interest totalling 526,600 shares, an increase of 8.4% from the May 31st total of 485,600 shares. Based on an average trading volume of 826,800 shares, the days-to-cover ratio is currently 0.6 days.

Enel Trading Up 1.9 %

Shares of OTCMKTS ENLAY traded up $0.13 during midday trading on Tuesday, reaching $7.02. The company had a trading volume of 199,624 shares, compared to its average volume of 336,839. Enel has a one year low of $5.69 and a one year high of $7.45. The firm’s fifty day moving average price is $6.98 and its 200-day moving average price is $6.81.

Enel (OTCMKTS:ENLAY) last posted its quarterly earnings results on Thursday, May 9th. The utilities provider reported $0.21 EPS for the quarter. The firm had revenue of $21.10 billion for the quarter. As a group, sell-side analysts forecast that Enel will post 0.74 EPS for the current year.

Enel Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Wednesday, August 14th. Shareholders of record on Tuesday, July 23rd will be issued a $0.1248 dividend. The ex-dividend date of this dividend is Tuesday, July 23rd.

Enel Company Profile

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.