Short Interest in Endesa S.A. – Unsponsored ADR (OTCMKTS:ELEZY) Drops By 29.2%

Endesa S.A. – Unsponsored ADR (OTCMKTS:ELEZY) was the target of a significant decrease in short interest in the month of December. As of December 15th, there was short interest totaling 15,258 shares, a decrease of 29.2% from the November 30th total of 21,560 shares. Based on an average daily trading volume, of 29,596 shares, the short-interest ratio is currently 0.5 days. Based on an average daily trading volume, of 29,596 shares, the short-interest ratio is currently 0.5 days.

Analyst Ratings Changes

A number of equities analysts have commented on ELEZY shares. Sanford C. Bernstein cut Endesa from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, September 3rd. Kepler Capital Markets cut shares of Endesa from a “hold” rating to a “strong sell” rating in a report on Tuesday, September 23rd. Zacks Research downgraded shares of Endesa from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, September 17th. Hsbc Global Res lowered shares of Endesa from a “strong-buy” rating to a “hold” rating in a report on Tuesday, October 7th. Finally, Royal Bank Of Canada lowered shares of Endesa from a “moderate buy” rating to a “strong sell” rating in a report on Wednesday, November 19th. Four equities research analysts have rated the stock with a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat, Endesa has a consensus rating of “Reduce”.

Endesa Trading Down 0.2%

Shares of OTCMKTS:ELEZY traded down $0.05 on Monday, hitting $18.31. The company had a trading volume of 9,149 shares, compared to its average volume of 18,249. The firm’s 50-day simple moving average is $18.04 and its two-hundred day simple moving average is $16.44. Endesa has a 1 year low of $10.38 and a 1 year high of $18.95.

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.