Endesa S.A. – Unsponsored ADR (OTCMKTS:ELEZY) Sees Significant Decline in Short Interest

Endesa S.A. – Unsponsored ADR (OTCMKTS:ELEZY) was the recipient of a significant decrease in short interest in September. As of September 30th, there was short interest totaling 35,684 shares, a decrease of 40.6% from the September 15th total of 60,081 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average trading volume of 89,383 shares, the short-interest ratio is currently 0.4 days.

Endesa Price Performance

Shares of Endesa stock opened at $24.10 on Thursday. Endesa has a fifty-two week low of $16.71 and a fifty-two week high of $25.24. The business has a 50-day moving average price of $24.17 and a 200 day moving average price of $22.83.

Wall Street Analyst Weigh In

Separately, Morgan Stanley reissued an “underweight” rating on shares of Endesa in a research report on Wednesday, July 1st. Two research analysts have rated the stock with a Hold rating and four have given a Sell rating to the stock. According to MarketBeat.com, Endesa has a consensus rating of “Strong Sell”.

About Endesa

Endesa, SA is a Spanish energy company engaged in the generation, distribution and supply of electricity, as well as the sale of natural gas and other energy services. Its generation portfolio includes renewable sources such as wind, solar and hydropower, in addition to conventional generation assets.

Founded in 1944, Endesa is one of Spain’s principal electricity companies. The company serves residential, commercial and industrial customers, with its core operations concentrated in Spain and additional activities in Portugal.