Short Interest in Enersis S.A. Drops By 32.6% (ENI)
Shares of Enersis S.A. (NYSE:ENI) were the target of a large decrease in short interest during the month of June. As of June 13th, there was short interest totalling 482,481 shares, a decrease of 32.6% from the May 30th total of 715,630 shares, ARN reports. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 577,044 shares, the short-interest ratio is currently 0.8 days.
Several analysts have recently commented on the stock. Analysts at Scotiabank downgraded shares of Enersis S.A. to a “sector perform” rating in a research note on Tuesday, May 27th. Separately, analysts at Zacks downgraded shares of Enersis S.A. to a “neutral” rating in a research note on Monday, April 28th. They now have a $16.40 price target on the stock. Finally, analysts at TheStreet upgraded shares of Enersis S.A. from a “hold” rating to a “buy” rating in a research note on Friday, April 25th. Three investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company. Enersis S.A. has a consensus rating of “Hold” and a consensus target price of $16.40.
Shares of Enersis S.A. (NYSE:ENI) opened at 17.43 on Thursday. Enersis S.A. has a 1-year low of $13.08 and a 1-year high of $17.66. The stock has a 50-day moving average of $16.47 and a 200-day moving average of $15.26. The company has a market cap of $17.114 billion and a price-to-earnings ratio of 15.70.
Enersis SA (NYSE:ENI) is a Chile-based holding company that, through its subsidiaries and affiliates, is primarily engaged in the generation, transmission and distribution of electric energy.
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