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

ENN Energy Holdings Ltd. (OTCMKTS:XNGSY) was the recipient of a significant growth in short interest in August. As of August 15th, there was short interest totaling 400 shares, agrowthof33.3% from the July 31st total of 300 shares. Based on an average daily trading volume, of 6,700 shares, the short-interest ratio is currently 0.1 days. Based on an average daily trading volume, of 6,700 shares, the short-interest ratio is currently 0.1 days.

ENN Energy Trading Up 0.7%

Shares of OTCMKTS:XNGSY opened at $32.95 on Tuesday. The business’s 50 day simple moving average is $32.58 and its two-hundred day simple moving average is $31.74. The company has a current ratio of 0.68, a quick ratio of 0.64 and a debt-to-equity ratio of 0.26. ENN Energy has a 52-week low of $22.53 and a 52-week high of $39.00.

Analyst Upgrades and Downgrades

Separately, Zacks Research cut shares of ENN Energy from a “hold” rating to a “strong sell” rating in a research report on Tuesday, September 2nd. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company presently has a consensus rating of “Sell”.

About ENN Energy

ENN Energy Holdings Limited, an investment holding company, engages in the investment, construction, operation, and management of gas pipeline infrastructure in the People's Republic of China. It operates through Retail Gas Sales Business, Integrated Energy Business, Wholesale of Gas, Construction and Installation, and Value Added Business segments.