E.On Se (OTCMKTS:EONGY) Sees Significant Growth in Short Interest

E.On Se (OTCMKTS:EONGY) saw a large growth in short interest during the month of January. As of January 31st, there was short interest totalling 129,900 shares, a growth of 127.5% from the January 15th total of 57,100 shares. Based on an average trading volume of 854,600 shares, the days-to-cover ratio is currently 0.2 days.

Analyst Upgrades and Downgrades

Separately, Morgan Stanley upgraded shares of E.On from an “equal weight” rating to an “overweight” rating in a research report on Thursday, December 5th.

E.On Stock Down 1.0 %

E.On stock traded down $0.12 during mid-day trading on Thursday, hitting $11.86. The company’s stock had a trading volume of 130,894 shares, compared to its average volume of 384,960. E.On has a twelve month low of $10.65 and a twelve month high of $15.41. The stock’s fifty day moving average price is $11.76 and its two-hundred day moving average price is $13.10. The company has a current ratio of 0.87, a quick ratio of 0.82 and a debt-to-equity ratio of 1.57.

E.On Company Profile

E.ON SE operates as an energy company in Germany, the United Kingdom, Sweden, the Netherlands, rest of Europe, and internationally. It operates through two segments, Energy Networks and Customer Solutions. The Energy Networks segment operates power and gas distribution networks, as well as provides maintenance, repairs, and related services.