ENEOS Holdings, Inc. (OTCMKTS:JXHLY) Stock Short Interest Drops 58.5%

ENEOS Holdings, Inc. (OTCMKTS:JXHLY) was the recipient of a large decline in short interest in September. As of September 15th, there was short interest totaling 1,138 shares, a decline of 58.5% from the August 31st total of 2,745 shares. Based on an average daily trading volume, of 1,243 shares, the days-to-cover ratio is currently 0.9 days.

ENEOS Stock Performance

Shares of ENEOS stock remained flat at C$20.00 on Monday. 101 shares of the stock were exchanged, compared to its average volume of 2,710. The firm’s 50 day simple moving average is C$17.06 and its 200 day simple moving average is C$16.86. ENEOS has a 12 month low of C$11.81 and a 12 month high of C$20.58.

Wall Street Analysts Forecast Growth

Separately, Zacks Research raised shares of ENEOS from a “strong sell” rating to a “hold” rating in a report on Tuesday, August 18th. One analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Buy”.

About ENEOS

ENEOS Holdings, Inc is a Japanese energy company that operates primarily through its subsidiary, ENEOS Corporation. Its businesses include the refining, distribution and marketing of petroleum products such as gasoline, diesel, kerosene, lubricants and petrochemicals. The company also supplies energy products to commercial, industrial and transportation customers.

ENEOS has expanded beyond traditional petroleum operations into oil and natural gas exploration and production, renewable energy, electricity generation and other energy-transition activities.