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

ENN Energy Holdings Ltd. (OTCMKTS:XNGSYGet Free Report) saw a significant growth in short interest during the month of February. As of February 27th, there was short interest totaling 2,810 shares, a growth of 334.3% from the February 12th total of 647 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 6,491 shares, the days-to-cover ratio is currently 0.4 days. Based on an average trading volume of 6,491 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.0% of the shares of the company are sold short.

ENN Energy Trading Up 3.7%

Shares of OTCMKTS XNGSY opened at $35.10 on Thursday. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.60 and a current ratio of 0.63. ENN Energy has a 52 week low of $26.80 and a 52 week high of $39.40. The business has a 50-day simple moving average of $35.10 and a two-hundred day simple moving average of $34.81.

Wall Street Analyst Weigh In

Separately, Zacks Research upgraded shares of ENN Energy to a “hold” rating in a research note on Wednesday, March 4th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat.com, the stock currently has a consensus rating of “Hold”.

Get Our Latest Analysis on ENN Energy

About ENN Energy

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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.

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