Short Interest in Enel Americas SA (ENIA) Grows By 89.7%

Enel Americas SA (NYSE:ENIA) saw a significant increase in short interest during the month of December. As of December 15th, there was short interest totalling 2,297,326 shares, an increase of 89.7% from the November 30th total of 1,210,948 shares. Based on an average daily trading volume, of 1,007,047 shares, the short-interest ratio is currently 2.3 days.

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Investec Asset Management LTD lifted its position in shares of Enel Americas by 7.8% in the second quarter. Investec Asset Management LTD now owns 3,417,746 shares of the utilities provider’s stock valued at $32,229,000 after buying an additional 246,070 shares during the last quarter. Sei Investments Co. lifted its position in shares of Enel Americas by 31.1% in the third quarter. Sei Investments Co. now owns 358,975 shares of the utilities provider’s stock valued at $3,669,000 after buying an additional 85,105 shares during the last quarter. ClariVest Asset Management LLC lifted its position in shares of Enel Americas by 6.1% in the third quarter. ClariVest Asset Management LLC now owns 323,164 shares of the utilities provider’s stock valued at $3,303,000 after buying an additional 18,600 shares during the last quarter. Vanguard Group Inc. lifted its position in shares of Enel Americas by 7.7% in the second quarter. Vanguard Group Inc. now owns 7,069,648 shares of the utilities provider’s stock valued at $66,667,000 after buying an additional 507,072 shares during the last quarter. Finally, Deltec Asset Management LLC acquired a new stake in shares of Enel Americas in the third quarter valued at approximately $355,000. 8.38% of the stock is owned by institutional investors.

Shares of Enel Americas (ENIA) opened at $11.28 on Monday. Enel Americas has a 52-week low of $8.14 and a 52-week high of $11.44.

The firm also recently disclosed a dividend, which will be paid on Friday, January 19th. Stockholders of record on Friday, January 19th will be given a $0.05 dividend. The ex-dividend date is Thursday, January 18th.

ENIA has been the subject of a number of recent analyst reports. BidaskClub cut Enel Americas from a “buy” rating to a “hold” rating in a research report on Wednesday, September 13th. Scotiabank raised Enel Americas from a “sector perform” rating to an “outperform” rating in a research report on Wednesday, November 1st. Finally, JPMorgan Chase & Co. raised Enel Americas from a “neutral” rating to an “overweight” rating in a research report on Thursday, December 14th.

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About Enel Americas

Enel Americas SA, formerly Enersis Americas SA, through its subsidiaries and jointly controlled entities, is engaged in the electricity generation, transmission and distribution businesses in Chile, Brazil, Colombia, Peru and Argentina. The Company operates through two segments: Generation and Transmission, and Distribution.

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