ENN Energy Holdings Ltd. (OTCMKTS:XNGSY) Short Interest Up 18.9% in March

ENN Energy Holdings Ltd. (OTCMKTS:XNGSY) was the recipient of a large increase in short interest in March. As of March 13th, there was short interest totaling 3,341 shares, an increase of 18.9% from the February 26th total of 2,810 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 12,806 shares, the short-interest ratio is currently 0.3 days.

Analyst Upgrades and Downgrades

Separately, Zacks Research raised ENN Energy to a “hold” rating in a research report on Wednesday, March 4th. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat, ENN Energy presently has an average rating of “Hold”.

ENN Energy Stock Up 7.2%

Shares of XNGSY opened at $32.15 on Tuesday. The company has a quick ratio of 0.60, a current ratio of 0.63 and a debt-to-equity ratio of 0.25. ENN Energy has a twelve month low of $28.77 and a twelve month high of $39.40. The company has a 50 day moving average of $34.57 and a 200-day moving average of $34.89.

ENN Energy Company Profile

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.