Enagas SA Unsponsored ADR (OTCMKTS:ENGGY) Short Interest Down 26.8% in December

Enagas SA Unsponsored ADR (OTCMKTS:ENGGY) was the recipient of a large decline in short interest in the month of December. As of December 15th, there was short interest totaling 7,130 shares, a decline of 26.8% from the November 30th total of 9,740 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 5,831 shares, the short-interest ratio is presently 1.2 days. Based on an average daily trading volume, of 5,831 shares, the short-interest ratio is presently 1.2 days. Approximately 0.0% of the company’s shares are sold short.

Analysts Set New Price Targets

Separately, Citigroup downgraded shares of Enagas from a “neutral” rating to a “sell” rating in a research report on Wednesday, December 3rd. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Sell”.

Enagas Stock Up 0.2%

Shares of ENGGY traded up $0.02 during trading hours on Wednesday, reaching $7.58. The company’s stock had a trading volume of 10,840 shares, compared to its average volume of 4,070. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.83 and a quick ratio of 1.80. The company has a 50 day moving average of $8.02 and a two-hundred day moving average of $7.88. Enagas has a 1-year low of $5.91 and a 1-year high of $8.44.

Enagas Company Profile

Enagás is Spain’s primary natural gas transmission company, specializing in the development, operation and maintenance of high-pressure gas pipeline networks and regasification terminals. The company manages over 12,000 kilometers of gas pipelines across the country and operates six strategic regasification plants, enabling the efficient receipt and redistribution of liquefied natural gas (LNG) imports. Enagás also provides technical management and system operator services, ensuring the stability and security of the national gas grid under a regulated framework.

Founded in 1972 to coordinate Spain’s burgeoning gas infrastructure, Enagás was partially privatized and listed on the Madrid Stock Exchange in 2002, becoming a constituent of the IBEX 35 index.