ENI S.p.A. (NYSE:E) saw a large increase in short interest in May. As of May 31st, there was short interest totalling 892,651 shares, an increase of 72.1% from the May 15th total of 518,736 shares. Based on an average daily volume of 370,474 shares, the short-interest ratio is presently 2.4 days.

ENI S.p.A. (NYSE E) opened at 30.76 on Friday. The company has a 50-day moving average of $32.05 and a 200-day moving average of $31.60. ENI S.p.A. has a 52 week low of $26.15 and a 52 week high of $34.62. The company has a market cap of $54.97 billion, a PE ratio of 167.17 and a beta of 0.81.

Institutional investors have recently bought and sold shares of the stock. Fiera Capital Corp increased its stake in shares of ENI S.p.A. by 1.6% in the fourth quarter. Fiera Capital Corp now owns 153,000 shares of the oil and gas exploration company’s stock valued at $4,933,000 after buying an additional 2,450 shares in the last quarter. M&T Bank Corp increased its stake in shares of ENI S.p.A. by 2.0% in the first quarter. M&T Bank Corp now owns 22,159 shares of the oil and gas exploration company’s stock valued at $725,000 after buying an additional 437 shares in the last quarter. Wetherby Asset Management Inc. increased its stake in shares of ENI S.p.A. by 10.0% in the first quarter. Wetherby Asset Management Inc. now owns 14,241 shares of the oil and gas exploration company’s stock valued at $466,000 after buying an additional 1,299 shares in the last quarter. Envestnet Asset Management Inc. increased its stake in shares of ENI S.p.A. by 8.6% in the first quarter. Envestnet Asset Management Inc. now owns 69,636 shares of the oil and gas exploration company’s stock valued at $2,279,000 after buying an additional 5,518 shares in the last quarter. Finally, Stifel Financial Corp increased its stake in shares of ENI S.p.A. by 10.7% in the first quarter. Stifel Financial Corp now owns 74,815 shares of the oil and gas exploration company’s stock valued at $2,449,000 after buying an additional 7,240 shares in the last quarter. Institutional investors own 1.69% of the company’s stock.

E has been the topic of a number of analyst reports. Citigroup Inc. reiterated a “buy” rating on shares of ENI S.p.A. in a research note on Wednesday, February 22nd. Goldman Sachs Group, Inc. (The) initiated coverage on shares of ENI S.p.A. in a research note on Wednesday, February 22nd. They issued a “buy” rating on the stock. Zacks Investment Research upgraded shares of ENI S.p.A. from a “hold” rating to a “buy” rating and set a $35.00 price target on the stock in a research note on Monday, March 6th. Deutsche Bank AG cut shares of ENI S.p.A. from a “buy” rating to a “hold” rating in a research note on Tuesday, April 4th. Finally, Morgan Stanley cut shares of ENI S.p.A. from an “equal weight” rating to an “underweight” rating in a research note on Wednesday, April 5th. Four equities research analysts have rated the stock with a sell rating, one has issued a hold rating and five have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of $36.00.

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About ENI S.p.A.

Eni SpA (Eni) is engaged in the exploration, development and production of hydrocarbons, in the supply and marketing of gas, liquefied natural gas (LNG) and power, in the refining and marketing of petroleum products, in the production and marketing of basic petrochemicals, plastics and elastomers and in commodity trading.

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