ENGIE – Sponsored ADR (OTCMKTS:ENGIY) Short Interest Update

ENGIE – Sponsored ADR (OTCMKTS:ENGIY) saw a large decrease in short interest during the month of June. As of June 30th, there was short interest totaling 9,695 shares, a decrease of 66.8% from the June 15th total of 29,233 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 274,070 shares, the days-to-cover ratio is currently 0.0 days.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on ENGIY shares. Morgan Stanley restated an “overweight” rating on shares of ENGIE in a research note on Monday, May 11th. Sanford C. Bernstein lowered shares of ENGIE from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 14th. Citigroup reissued a “buy” rating on shares of ENGIE in a research report on Friday, April 17th. Zacks Research lowered shares of ENGIE from a “strong-buy” rating to a “hold” rating in a research note on Friday. Finally, Kepler Capital Markets raised shares of ENGIE to a “strong-buy” rating in a research report on Thursday, March 19th. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat, ENGIE currently has an average rating of “Moderate Buy”.

ENGIE Stock Performance

OTCMKTS:ENGIY traded up $0.29 during midday trading on Tuesday, reaching $31.37. 114,839 shares of the company traded hands, compared to its average volume of 177,971. ENGIE has a twelve month low of $20.18 and a twelve month high of $35.16. The company has a current ratio of 1.08, a quick ratio of 1.03 and a debt-to-equity ratio of 1.06. The company has a fifty day moving average price of $31.32 and a 200 day moving average price of $30.99.

About ENGIE

ENGIE is a Paris-headquartered multinational energy company engaged across the value chain of electricity and natural gas, along with associated infrastructure and services. The company develops, builds and operates power generation assets (including gas-fired plants and an expanding portfolio of renewable generation such as wind, solar and hydro), trades and markets energy commodities, and supplies energy to industrial, commercial and residential customers. ENGIE also provides energy infrastructure and networks, liquefied natural gas (LNG) solutions, and a range of energy services including energy efficiency, facility management and distributed energy systems.

The group traces its modern corporate roots to the 2008 combination of Gaz de France and Suez, and subsequently adopted the ENGIE name in 2015 as part of a strategic repositioning.