ENEOS Holdings, Inc. (OTCMKTS:JXHLY) Short Interest Up 578.1% in April

ENEOS Holdings, Inc. (OTCMKTS:JXHLY) saw a large increase in short interest in the month of April. As of April 30th, there was short interest totaling 15,650 shares, an increase of 578.1% from the April 15th total of 2,308 shares. Based on an average daily volume of 7,078 shares, the days-to-cover ratio is presently 2.2 days.

Analysts Set New Price Targets

Separately, Nomura upgraded ENEOS to a “strong-buy” rating in a research note on Friday, February 20th. One equities research analyst has rated the stock with a Strong Buy rating, Based on data from MarketBeat.com, ENEOS has a consensus rating of “Strong Buy”.

ENEOS Price Performance

Shares of OTCMKTS JXHLY remained flat at C$16.83 during trading hours on Tuesday. The company had a trading volume of 7,348 shares, compared to its average volume of 3,622. ENEOS has a 1 year low of C$8.79 and a 1 year high of C$20.58. The business’s fifty day simple moving average is C$17.71 and its 200-day simple moving average is C$16.12.

ENEOS (OTCMKTS:JXHLY) last announced its earnings results on Friday, February 13th. The company reported C$0.31 earnings per share (EPS) for the quarter. The business had revenue of C$19.67 billion for the quarter.

ENEOS Company Profile

ENEOS Holdings, Inc is a Tokyo-based integrated energy company primarily engaged in the exploration, production, refining and distribution of petroleum products. Under its ENEOS brand, the company supplies gasoline, diesel and jet fuel to automotive, aviation and industrial customers. It also produces lubricants, base oils and petrochemicals for manufacturing, marine and consumer applications.

In addition to its core oil and gas operations, ENEOS holds interests in resource development and trading of nonferrous metals through its metals and mining segment.