Enel Chile SA – (NYSE:ENIC) was the target of a significant decrease in short interest during the month of December. As of December 15th, there was short interest totalling 232,014 shares, a decrease of 53.6% from the November 30th total of 500,137 shares. Based on an average daily volume of 500,921 shares, the days-to-cover ratio is presently 0.5 days.

Several institutional investors have recently added to or reduced their stakes in the company. Schwab Charles Investment Management Inc. raised its stake in shares of Enel Chile by 7.4% during the third quarter. Schwab Charles Investment Management Inc. now owns 446,235 shares of the utilities provider’s stock worth $2,678,000 after purchasing an additional 30,564 shares during the last quarter. Nordea Investment Management AB raised its position in Enel Chile by 121.3% in the third quarter. Nordea Investment Management AB now owns 270,954 shares of the utilities provider’s stock worth $1,626,000 after acquiring an additional 148,542 shares in the last quarter. BW Gestao de Investimentos Ltda. purchased a new position in Enel Chile in the third quarter worth $600,000. ClariVest Asset Management LLC raised its position in Enel Chile by 5.2% in the third quarter. ClariVest Asset Management LLC now owns 319,915 shares of the utilities provider’s stock worth $1,920,000 after acquiring an additional 15,700 shares in the last quarter. Finally, Russell Investments Group Ltd. raised its position in Enel Chile by 12.0% in the third quarter. Russell Investments Group Ltd. now owns 726,010 shares of the utilities provider’s stock worth $4,355,000 after acquiring an additional 77,902 shares in the last quarter. Institutional investors and hedge funds own 6.40% of the company’s stock.

Shares of Enel Chile (NYSE ENIC) opened at $6.08 on Tuesday. Enel Chile has a 52 week low of $4.50 and a 52 week high of $6.31.

The business also recently declared a dividend, which will be paid on Friday, January 19th. Stockholders of record on Friday, January 19th will be paid a dividend of $0.061 per share. The ex-dividend date of this dividend is Thursday, January 18th.

Several equities research analysts have recently commented on the company. BidaskClub upgraded Enel Chile from a “buy” rating to a “strong-buy” rating in a research note on Thursday, October 5th. Goldman Sachs Group cut Enel Chile from a “neutral” rating to a “sell” rating in a research note on Tuesday, October 3rd. TheStreet upgraded Enel Chile from a “d-” rating to a “c-” rating in a research note on Thursday, December 7th. Finally, Scotiabank cut Enel Chile from a “sector perform” rating to an “underperform” rating in a research note on Wednesday, November 1st.

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Enel Chile Company Profile

Enel Chile SA is a Chile-based electricity utility company. The Company, through its combined entities and affiliates, is engaged in the generation, transmission and distribution of electricity businesses. The Company’s segments include Generation, Distribution, and Other businesses and intercompany transaction adjustments.

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