ENN Energy Holdings Limited (OTCMKTS:XNGSF) Short Interest Update

ENN Energy Holdings Limited (OTCMKTS:XNGSF) saw a significant drop in short interest in January. As of January 30th, there was short interest totaling 563,166 shares, a drop of 41.1% from the January 15th total of 956,661 shares. Based on an average daily trading volume, of 189 shares, the short-interest ratio is presently 2,979.7 days. Based on an average daily trading volume, of 189 shares, the short-interest ratio is presently 2,979.7 days.

ENN Energy Price Performance

Shares of OTCMKTS:XNGSF opened at $9.04 on Friday. The business’s 50 day simple moving average is $8.80 and its 200-day simple moving average is $8.71. ENN Energy has a 12 month low of $6.56 and a 12 month high of $9.78.

ENN Energy Company Profile

ENN Energy Holdings Limited, traded over-the-counter under the ticker XNGSF, is one of China’s leading clean energy distributors and a core subsidiary of the privately held ENN Group. Since its inception in the early 1990s, the company has built an extensive city-gas network, supplying piped natural gas, liquefied natural gas (LNG) and compressed natural gas (CNG) to residential, commercial and industrial customers across China.

The company’s primary business activities include the development, operation and management of urban gas pipeline infrastructure.