Enagas SA Unsponsored ADR (OTCMKTS:ENGGY – Get Free Report) saw a large drop in short interest during the month of September. As of September 30th, there was short interest totaling 500 shares, a drop of 67.9% from the September 15th total of 1,560 shares. Based on an average daily trading volume, of 4,934 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the company are short sold.
Wall Street Analysts Forecast Growth
Separately, Oddo Bhf lowered shares of Enagas to a “neutral” rating in a report on Wednesday, September 30th. Three equities research analysts have rated the stock with a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Reduce”.
Read Our Latest Stock Analysis on Enagas
Enagas Trading Down 0.4%
About Enagas
Enagás, SA is a Spanish energy infrastructure company focused on the transportation, storage and management of natural gas. It operates Spain’s gas transmission network and provides infrastructure and technical services that support the country’s energy supply and security.
The company manages a network of high-pressure gas pipelines, underground storage facilities and liquefied natural gas (LNG) regasification terminals. Its activities include receiving LNG, converting it back into gaseous form, transporting gas through the transmission system and coordinating access to certain gas infrastructure.
Featured Stories
- Five stocks we like better than Enagas
- Salesforce Just Got a Rare Double Upgrade—What Changed?
- OpenAI’s Revenue Scare Could Be a Big Opportunity for Investors
- China Still Dominates Rare Earths—These 3 U.S. Companies Could Benefit
- 3 REITs That May Win in a Higher Interest Rate Environment
Receive News & Ratings for Enagas Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Enagas and related companies with MarketBeat.com's FREE daily email newsletter.
