Short Interest in Enagas SA Unsponsored ADR (OTCMKTS:ENGGY) Decreases By 62.9%

Enagas SA Unsponsored ADR (OTCMKTS:ENGGY) was the target of a large decrease in short interest in the month of July. As of July 15th, there was short interest totaling 181 shares, a decrease of 62.9% from the June 30th total of 488 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 2,729 shares, the short-interest ratio is currently 0.1 days.

Enagas Price Performance

Shares of Enagas stock opened at $9.95 on Monday. The company has a current ratio of 0.81, a quick ratio of 0.79 and a debt-to-equity ratio of 1.11. Enagas has a 12 month low of $7.42 and a 12 month high of $10.29. The business’s 50-day moving average price is $9.86 and its 200-day moving average price is $9.25.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on ENGGY shares. BNP Paribas Exane raised shares of Enagas to a “neutral” rating in a report on Tuesday, April 21st. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Enagas in a research report on Friday, May 15th. Two equities research analysts have rated the stock with a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Reduce”.

About Enagas

Enagás is Spain’s primary natural gas transmission company, specializing in the development, operation and maintenance of high-pressure gas pipeline networks and regasification terminals. The company manages over 12,000 kilometers of gas pipelines across the country and operates six strategic regasification plants, enabling the efficient receipt and redistribution of liquefied natural gas (LNG) imports. Enagás also provides technical management and system operator services, ensuring the stability and security of the national gas grid under a regulated framework.

Founded in 1972 to coordinate Spain’s burgeoning gas infrastructure, Enagás was partially privatized and listed on the Madrid Stock Exchange in 2002, becoming a constituent of the IBEX 35 index.