Endesa S.A. – Unsponsored ADR (OTCMKTS:ELEZY) Short Interest Down 71.1% in June

Endesa S.A. – Unsponsored ADR (OTCMKTS:ELEZY) was the recipient of a large drop in short interest during the month of June. As of June 30th, there was short interest totaling 13,770 shares, a drop of 71.1% from the June 15th total of 47,612 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average trading volume of 49,293 shares, the days-to-cover ratio is currently 0.3 days.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on the stock. Citigroup reaffirmed a “sell” rating on shares of Endesa in a research note on Tuesday, May 19th. Morgan Stanley reissued an “underweight” rating on shares of Endesa in a research report on Wednesday, July 1st. Finally, Zacks Research downgraded shares of Endesa from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 1st. Four analysts have rated the stock with a Hold rating and five have issued a Sell rating to the company. Based on data from MarketBeat.com, Endesa currently has a consensus rating of “Strong Sell”.

Endesa Stock Up 2.4%

Shares of OTCMKTS ELEZY traded up $0.53 during trading hours on Tuesday, reaching $22.79. The stock had a trading volume of 25,095 shares, compared to its average volume of 22,382. The business’s fifty day moving average price is $21.71 and its two-hundred day moving average price is $20.45. Endesa has a 52-week low of $14.33 and a 52-week high of $23.10.

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.