Short Interest in Enel SpA (OTCMKTS:ENLAY) Grows By 113.4%

Enel SpA (OTCMKTS:ENLAY) was the recipient of a large increase in short interest during the month of February. As of February 28th, there was short interest totalling 111,800 shares, an increase of 113.4% from the February 13th total of 52,400 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 651,600 shares, the short-interest ratio is currently 0.2 days.

Enel Price Performance

OTCMKTS:ENLAY opened at $7.62 on Friday. The company has a debt-to-equity ratio of 1.23, a quick ratio of 0.77 and a current ratio of 0.86. The firm has a 50-day moving average price of $7.18 and a two-hundred day moving average price of $7.35. Enel has a twelve month low of $6.04 and a twelve month high of $8.01.

Enel (OTCMKTS:ENLAY) last released its quarterly earnings results on Thursday, March 13th. The utilities provider reported $0.12 earnings per share for the quarter, topping analysts’ consensus estimates of $0.11 by $0.01. The company had revenue of $22.74 billion during the quarter, compared to analyst estimates of $39.11 billion. Analysts expect that Enel will post 0.71 earnings per share for the current fiscal year.

About Enel

Enel SpA operates as an integrated operator in electricity and gas industries worldwide. It generates, distributes, transmits, and sells electricity; transports and markets natural gas; and constructs and operates generation plants and distribution grids. The company also provides energy management services; e-vehicle charging infrastructure for public and private customers; and engages in the energy commodities business.