ENN Energy Holdings Ltd. (OTCMKTS:XNGSY) Short Interest Update

ENN Energy Holdings Ltd. (OTCMKTS:XNGSY) was the recipient of a significant decrease in short interest in December. As of December 15th, there was short interest totaling 237 shares, a decrease of 74.5% from the November 30th total of 929 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 5,532 shares, the short-interest ratio is currently 0.0 days. Based on an average trading volume of 5,532 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the shares of the company are short sold.

ENN Energy Stock Up 0.6%

Shares of OTCMKTS:XNGSY opened at $36.03 on Thursday. The company has a 50 day moving average of $35.85 and a 200 day moving average of $33.81. ENN Energy has a 12 month low of $25.07 and a 12 month high of $39.40.

Analysts Set New Price Targets

Separately, Zacks Research upgraded ENN Energy from a “strong sell” rating to a “hold” rating in a research report on Tuesday, October 28th. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, ENN Energy presently has a consensus rating of “Hold”.

About ENN Energy

ENN Energy Holdings Limited is a leading city gas distribution and integrated energy services provider in the People’s Republic of China. The company’s core business spans the purchase, transmission and sale of natural gas, liquefied natural gas (LNG), compressed natural gas (CNG) and liquefied petroleum gas (LPG) through an extensive pipeline network. In addition to its traditional piped gas operations, ENN Energy offers installation and maintenance of gas appliances, emergency response services and energy consulting for residential, commercial and industrial customers.

Building on its gas distribution platform, ENN Energy has expanded into integrated energy projects that combine multiple energy sources such as gas, electricity, thermal energy and renewable fuels.