Endesa S.A. – Unsponsored ADR (OTCMKTS:ELEZY) Short Interest Up 135.2% in July

Endesa S.A. – Unsponsored ADR (OTCMKTS:ELEZY) saw a large growth in short interest in the month of July. As of July 15th, there was short interest totaling 32,389 shares, a growth of 135.2% from the June 30th total of 13,770 shares. Based on an average daily trading volume, of 37,544 shares, the short-interest ratio is presently 0.9 days. Approximately 0.0% of the company’s shares are short sold.

Wall Street Analyst Weigh In

A number of analysts have recently commented on the company. Citigroup restated a “sell” rating on shares of Endesa in a report on Tuesday, May 19th. Zacks Research cut Endesa from a “strong-buy” rating to a “hold” rating in a report on Monday, June 1st. Finally, Morgan Stanley reissued an “underweight” rating on shares of Endesa in a research report on Wednesday, July 1st. Four investment analysts have rated the stock with a Hold rating and five have given a Sell rating to the company’s stock. According to data from MarketBeat.com, Endesa presently has an average rating of “Strong Sell”.

Endesa Price Performance

Endesa stock opened at $23.52 on Tuesday. Endesa has a 52-week low of $14.33 and a 52-week high of $23.79. The firm has a fifty day moving average of $22.02 and a 200-day moving average of $20.80.

About Endesa

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.