ENN Energy Holdings Ltd. (OTCMKTS:XNGSY) Short Interest Update

ENN Energy Holdings Ltd. (OTCMKTS:XNGSY) saw a large growth in short interest in July. As of July 15th, there was short interest totaling 95,120 shares, a growth of 108.4% from the June 30th total of 45,643 shares. Based on an average daily trading volume, of 182,201 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.0% of the shares of the stock are short sold.

ENN Energy Trading Up 4.1%

OTCMKTS:XNGSY opened at $23.76 on Thursday. ENN Energy has a twelve month low of $20.55 and a twelve month high of $39.40. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.59 and a current ratio of 0.64. The company has a 50-day moving average of $23.70 and a 200-day moving average of $30.08.

Analyst Ratings Changes

Separately, Zacks Research upgraded shares of ENN Energy from a “strong sell” rating to a “hold” rating in a report on Tuesday, June 30th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat, the stock has a consensus rating of “Hold”.

ENN Energy Company Profile

ENN Energy Holdings Limited is a leading city gas distribution and integrated energy services provider in the People’s Republic of China. The company’s core business spans the purchase, transmission and sale of natural gas, liquefied natural gas (LNG), compressed natural gas (CNG) and liquefied petroleum gas (LPG) through an extensive pipeline network. In addition to its traditional piped gas operations, ENN Energy offers installation and maintenance of gas appliances, emergency response services and energy consulting for residential, commercial and industrial customers.

Building on its gas distribution platform, ENN Energy has expanded into integrated energy projects that combine multiple energy sources such as gas, electricity, thermal energy and renewable fuels.