Endesa S.A. – Unsponsored ADR (OTCMKTS:ELEZY) Short Interest Up 307.3% in September

Endesa S.A. – Unsponsored ADR (OTCMKTS:ELEZY) was the target of a significant growth in short interest during the month of September. As of September 15th, there was short interest totaling 39,100 shares, a growth of 307.3% from the August 31st total of 9,600 shares. Based on an average trading volume of 58,300 shares, the short-interest ratio is presently 0.7 days. Based on an average trading volume of 58,300 shares, the short-interest ratio is presently 0.7 days.

Endesa Trading Up 1.7%

Shares of Endesa stock opened at $16.46 on Friday. The firm’s 50-day moving average is $15.37 and its two-hundred day moving average is $14.97. Endesa has a 1 year low of $10.12 and a 1 year high of $16.46.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the stock. Sanford C. Bernstein cut shares of Endesa from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, September 3rd. Kepler Capital Markets cut shares of Endesa from a “hold” rating to a “strong sell” rating in a report on Tuesday, September 23rd. Zacks Research cut shares of Endesa from a “strong-buy” rating to a “hold” rating in a report on Wednesday, September 17th. Royal Bank Of Canada cut shares of Endesa to a “sector perform” rating in a report on Monday, July 14th. Finally, Morgan Stanley restated an “underweight” rating on shares of Endesa in a report on Wednesday, July 30th. Three research analysts have rated the stock with a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, Endesa has a consensus rating of “Reduce”.

Endesa Company Profile

Endesa, SA engages in the generation, distribution, and sale of electricity in Spain, Portugal, France, Germany, Morocco, Italy, the United Kingdom, Singapore, and internationally. The company generates electricity from various energy sources, such as hydroelectric, nuclear, thermal, wind, and solar.