Enagas SA Unsponsored ADR (OTCMKTS:ENGGY) Short Interest Up 392.6% in August

Enagas SA Unsponsored ADR (OTCMKTS:ENGGY) saw a large growth in short interest during the month of August. As of August 31st, there was short interest totaling 7,349 shares, a growth of 392.6% from the August 15th total of 1,492 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average trading volume of 7,406 shares, the short-interest ratio is currently 1.0 days.

Enagas Trading Down 1.2%

Shares of ENGGY stock traded down $0.12 during trading hours on Friday, hitting $9.51. 219 shares of the company were exchanged, compared to its average volume of 3,950. Enagas has a 1 year low of $7.45 and a 1 year high of $10.29. The company has a current ratio of 0.81, a quick ratio of 0.79 and a debt-to-equity ratio of 1.11. The firm has a fifty day moving average of $9.67 and a 200 day moving average of $9.59.

Analyst Upgrades and Downgrades

Separately, Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Enagas in a report on Friday, May 15th. Two investment analysts have rated the stock with a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Reduce”.

Enagas Company Profile

Enagás, SA is a Spain-based energy infrastructure company focused on the transmission, storage and regasification of natural gas. The company manages an extensive network of high-pressure gas pipelines, underground storage facilities and liquefied natural gas (LNG) regasification plants, which convert LNG back into gaseous form for delivery into the pipeline system.

Enagás serves as the Technical Manager of Spain’s gas system, helping coordinate the operation, security and reliability of the country’s gas infrastructure.