ENN Energy Holdings Ltd. (OTCMKTS:XNGSY) Short Interest Down 90.7% in April

ENN Energy Holdings Ltd. (OTCMKTS:XNGSY) was the target of a significant drop in short interest in the month of April. As of April 15th, there was short interest totaling 383 shares, a drop of 90.7% from the March 31st total of 4,129 shares. Based on an average daily volume of 27,516 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the company’s shares are sold short.

ENN Energy Trading Up 0.3%

ENN Energy stock traded up $0.09 during mid-day trading on Friday, reaching $32.13. The stock had a trading volume of 3,063 shares, compared to its average volume of 9,929. The company has a current ratio of 0.64, a quick ratio of 0.59 and a debt-to-equity ratio of 0.19. ENN Energy has a fifty-two week low of $28.87 and a fifty-two week high of $39.40. The stock’s 50-day simple moving average is $33.66 and its 200-day simple moving average is $34.79.

Wall Street Analyst Weigh In

Separately, Zacks Research raised ENN Energy to a “hold” rating in a research note on Wednesday, March 4th. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, ENN Energy has a consensus rating of “Hold”.

ENN Energy Company Profile

ENN Energy Holdings Limited is a leading city gas distribution and integrated energy services provider in the People’s Republic of China. The company’s core business spans the purchase, transmission and sale of natural gas, liquefied natural gas (LNG), compressed natural gas (CNG) and liquefied petroleum gas (LPG) through an extensive pipeline network. In addition to its traditional piped gas operations, ENN Energy offers installation and maintenance of gas appliances, emergency response services and energy consulting for residential, commercial and industrial customers.

Building on its gas distribution platform, ENN Energy has expanded into integrated energy projects that combine multiple energy sources such as gas, electricity, thermal energy and renewable fuels.