E.On Se (OTCMKTS:ENAKF) Sees Significant Growth in Short Interest

E.On Se (OTCMKTS:ENAKFGet Rating) saw a significant increase in short interest in the month of March. As of March 31st, there was short interest totalling 2,570,500 shares, an increase of 43.9% from the March 15th total of 1,786,900 shares. Based on an average trading volume of 4,600 shares, the days-to-cover ratio is currently 558.8 days.

Shares of OTCMKTS:ENAKF traded down $0.48 during trading on Friday, hitting $10.76. 3,268 shares of the company’s stock were exchanged, compared to its average volume of 2,064. The business’s 50-day simple moving average is $12.23 and its 200 day simple moving average is $12.70. E.On has a 52-week low of $10.76 and a 52-week high of $14.16.

E.On Company Profile (Get Rating)

E.ON SE operates as an energy company in Germany, the United Kingdom, Sweden, Turkey, the Netherlands, Belgium, rest of Europe, and internationally. It operates through two segments, Energy Networks and Customer Solutions. The Energy Networks segment operates power and gas distribution networks, as well as provides maintenance, repairs, and related services.

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