Endesa S.A. – Unsponsored ADR (OTCMKTS:ELEZY) Short Interest Up 165.7% in April

Endesa S.A. – Unsponsored ADR (OTCMKTS:ELEZY) was the recipient of a large growth in short interest in April. As of April 30th, there was short interest totaling 32,018 shares, a growth of 165.7% from the April 15th total of 12,049 shares. Based on an average daily trading volume, of 32,494 shares, the days-to-cover ratio is presently 1.0 days.

Endesa Trading Down 3.6%

ELEZY traded down $0.78 during trading on Friday, reaching $20.94. The company’s stock had a trading volume of 28,349 shares, compared to its average volume of 17,601. The firm has a fifty day simple moving average of $21.26 and a two-hundred day simple moving average of $19.40. Endesa has a 1 year low of $14.33 and a 1 year high of $22.99.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on ELEZY shares. Santander lowered shares of Endesa to an “underperform” rating in a research note on Friday, February 20th. Citigroup reaffirmed a “sell” rating on shares of Endesa in a research note on Wednesday, February 4th. Zacks Research raised shares of Endesa from a “hold” rating to a “strong-buy” rating in a research note on Monday, April 20th. Berenberg Bank raised shares of Endesa to a “hold” rating in a research note on Wednesday, January 21st. Finally, Morgan Stanley reissued an “underweight” rating on shares of Endesa in a research note on Thursday, May 7th. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Hold rating and five have issued a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Reduce”.

Endesa Company Profile

Endesa, SA is one of the leading electric utility companies in Spain, serving residential, commercial, and industrial customers. The company’s core activities include the generation, distribution and supply of electricity, along with the sale of natural gas. Endesa operates a diverse energy portfolio encompassing hydroelectric, nuclear, coal-fired and renewable power plants, reflecting a strategic commitment to decarbonization and the integration of green energy sources.

In electricity generation, Endesa manages an extensive network of power stations across Spain and Portugal, leveraging its scale to optimize production costs and ensure grid reliability.