Short Interest in ENEOS Holdings, Inc. (OTCMKTS:JXHLY) Increases By 101.8%

ENEOS Holdings, Inc. (OTCMKTS:JXHLY) was the target of a significant growth in short interest during the month of August. As of August 31st, there was short interest totaling 2,745 shares, a growth of 101.8% from the August 15th total of 1,360 shares. Based on an average trading volume of 938 shares, the short-interest ratio is currently 2.9 days.

ENEOS Price Performance

Shares of ENEOS stock opened at C$17.94 on Tuesday. The business’s fifty day moving average price is C$16.37 and its two-hundred day moving average price is C$16.79. ENEOS has a 1-year low of C$11.81 and a 1-year high of C$20.58.

Wall Street Analysts Forecast Growth

Separately, Zacks Research raised shares of ENEOS from a “strong sell” rating to a “hold” rating in a research note on Tuesday, August 18th. One investment analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Buy”.

ENEOS Company Profile

ENEOS Holdings, Inc is a Tokyo-based integrated energy company primarily engaged in the exploration, production, refining and distribution of petroleum products. Under its ENEOS brand, the company supplies gasoline, diesel and jet fuel to automotive, aviation and industrial customers. It also produces lubricants, base oils and petrochemicals for manufacturing, marine and consumer applications.

In addition to its core oil and gas operations, ENEOS holds interests in resource development and trading of nonferrous metals through its metals and mining segment.