Endesa S.A. – Unsponsored ADR (OTCMKTS:ELEZY) Short Interest Down 45.0% in September

Endesa S.A. – Unsponsored ADR (OTCMKTS:ELEZY) was the recipient of a significant decline in short interest in September. As of September 30th, there was short interest totaling 21,500 shares, a decline of 45.0% from the September 15th total of 39,100 shares. Based on an average daily volume of 52,200 shares, the short-interest ratio is presently 0.4 days. Based on an average daily volume of 52,200 shares, the short-interest ratio is presently 0.4 days.

Analyst Upgrades and Downgrades

Several brokerages recently commented on ELEZY. Royal Bank Of Canada cut Endesa to a “sector perform” rating in a report on Monday, July 14th. Hsbc Global Res cut Endesa from a “strong-buy” rating to a “hold” rating in a report on Tuesday, October 7th. HSBC cut Endesa to a “hold” rating in a report on Tuesday, October 7th. Zacks Research cut Endesa from a “strong-buy” rating to a “hold” rating in a report on Wednesday, September 17th. Finally, Morgan Stanley reaffirmed an “underweight” rating on shares of Endesa in a report on Wednesday, July 30th. Five equities research analysts have rated the stock with a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Reduce”.

Endesa Trading Up 1.7%

OTCMKTS ELEZY opened at $17.50 on Tuesday. Endesa has a twelve month low of $10.12 and a twelve month high of $17.50. The firm’s 50 day moving average price is $15.78 and its two-hundred day moving average price is $15.27.

About Endesa

Endesa, SA engages in the generation, distribution, and sale of electricity in Spain, Portugal, France, Germany, Morocco, Italy, the United Kingdom, Singapore, and internationally. The company generates electricity from various energy sources, such as hydroelectric, nuclear, thermal, wind, and solar.