Short Interest in E.On Se (OTCMKTS:EONGY) Declines By 16.6%

E.On Se (OTCMKTS:EONGY) was the target of a significant decline in short interest in the month of February. As of February 28th, there was short interest totalling 76,500 shares, a decline of 16.6% from the February 13th total of 91,700 shares. Based on an average trading volume of 775,300 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the shares of the company are short sold.

E.On Stock Up 0.8 %

Shares of OTCMKTS:EONGY opened at $14.36 on Tuesday. The company has a market capitalization of $37.50 billion, a PE ratio of 7.76, a P/E/G ratio of 6.32 and a beta of 0.82. The company has a debt-to-equity ratio of 1.57, a quick ratio of 0.82 and a current ratio of 0.87. The company’s fifty day moving average is $12.28 and its 200-day moving average is $13.00. E.On has a 52 week low of $10.65 and a 52 week high of $15.41.

Wall Street Analyst Weigh In

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

About E.On

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.