ENN Energy Holdings Ltd. (OTCMKTS:XNGSY) Sees Significant Drop in Short Interest

ENN Energy Holdings Ltd. (OTCMKTS:XNGSYGet Free Report) saw a large decline in short interest in January. As of January 15th, there was short interest totaling 335 shares, a decline of 74.6% from the December 31st total of 1,321 shares. Based on an average daily trading volume, of 7,657 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are sold short. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 7,657 shares, the short-interest ratio is currently 0.0 days.

ENN Energy Trading Up 0.4%

XNGSY stock opened at $35.01 on Friday. The company has a current ratio of 0.63, a quick ratio of 0.60 and a debt-to-equity ratio of 0.25. The firm has a 50-day moving average of $35.87 and a two-hundred day moving average of $34.34. ENN Energy has a 12 month low of $25.29 and a 12 month high of $39.40.

Analyst Ratings Changes

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

Read Our Latest Stock Analysis on ENN Energy

About ENN Energy

(Get Free Report)

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.

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