ENGIE – Sponsored ADR (OTCMKTS:ENGIY) Stock Short Interest Report for October

ENGIE – Sponsored ADR (OTCMKTS:ENGIY) was the recipient of a large increase in short interest in the month of October. As of October 15th, there was short interest totaling 265,855 shares, an increase of 240.0% from the September 30th total of 78,185 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 805,363 shares, the days-to-cover ratio is presently 0.3 days.

Analysts Set New Price Targets

Separately, Zacks Research lowered ENGIE from a “strong-buy” rating to a “hold” rating in a research report on Friday, July 10th. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy”.

ENGIE Stock Down 0.6%

Shares of OTCMKTS:ENGIY opened at $26.16 on Friday. The business has a 50-day moving average price of $26.90 and a 200 day moving average price of $30.21. The company has a debt-to-equity ratio of 1.17, a current ratio of 1.00 and a quick ratio of 0.94. ENGIE has a 12-month low of $23.40 and a 12-month high of $35.16.

ENGIE Company Profile

ENGIE is a French multinational energy company that develops, owns, and operates energy infrastructure and provides energy-related services. Its activities span renewable power generation, energy supply and management, electricity and gas networks, and solutions designed to improve energy efficiency and support the transition to lower-carbon energy systems.

The company’s portfolio includes wind, solar, hydroelectric, and other renewable energy projects, along with flexible and thermal power-generation assets.