E.On Se (OTCMKTS:EONGY) Sees Large Growth in Short Interest

E.On Se (OTCMKTS:EONGY) was the target of a large growth in short interest in the month of December. As of December 31st, there was short interest totalling 19,300 shares, a growth of 112.1% from the December 15th total of 9,100 shares. Based on an average daily trading volume, of 575,900 shares, the short-interest ratio is presently 0.0 days.

Wall Street Analyst Weigh In

Several research firms have weighed in on EONGY. Morgan Stanley raised shares of E.On from an “equal weight” rating to an “overweight” rating in a report on Thursday, December 5th. Barclays raised E.On to a “strong-buy” rating in a report on Friday, September 27th.

E.On Price Performance

Shares of EONGY stock traded up $0.16 on Thursday, hitting $11.05. The company’s stock had a trading volume of 100,896 shares, compared to its average volume of 212,554. E.On has a fifty-two week low of $10.65 and a fifty-two week high of $15.41. The stock’s 50 day moving average is $12.12 and its 200-day moving average is $13.35. The company has a current ratio of 0.87, a quick ratio of 0.82 and a debt-to-equity ratio of 1.57.

About E.On

E.ON SE operates as an energy company in Germany, the United Kingdom, Sweden, the Netherlands, rest of Europe, and internationally. It operates through two segments, Energy Networks and Customer Solutions. The Energy Networks segment operates power and gas distribution networks, as well as provides maintenance, repairs, and related services.