Endesa S.A. – Unsponsored ADR (OTCMKTS:ELEZY) Short Interest Update

Endesa S.A. – Unsponsored ADR (OTCMKTS:ELEZY) was the target of a significant drop in short interest in August. As of August 14th, there was short interest totaling 10,600 shares, a drop of 68.9% from the July 30th total of 34,057 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average trading volume of 61,340 shares, the days-to-cover ratio is currently 0.2 days.

Wall Street Analysts Forecast Growth

ELEZY has been the subject of several recent research reports. Citigroup reiterated a “sell” rating on shares of Endesa in a research 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 reiterated an “underweight” rating on shares of Endesa in a research report on Wednesday, July 1st. Four analysts have rated the stock with a Hold rating and five have assigned a Sell rating to the stock. According to data from MarketBeat, Endesa presently has an average rating of “Strong Sell”.

Endesa Price Performance

ELEZY opened at $24.96 on Thursday. The stock’s 50-day moving average price is $23.37 and its 200 day moving average price is $21.75. Endesa has a 12-month low of $14.79 and a 12-month high of $25.06.

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.