E.On Se (OTCMKTS:ENAKF) Sees Large Drop in Short Interest

E.On Se (OTCMKTS:ENAKF) was the recipient of a large decrease in short interest during the month of February. As of February 28th, there was short interest totalling 1,069,800 shares, a decrease of 32.9% from the February 13th total of 1,594,500 shares. Based on an average trading volume of 400 shares, the days-to-cover ratio is currently 2,674.5 days.

E.On Stock Performance

OTCMKTS:ENAKF remained flat at $14.28 during trading hours on Friday. E.On has a 12 month low of $10.83 and a 12 month high of $15.34. The firm has a fifty day simple moving average of $12.00 and a 200-day simple moving average of $12.85.

E.On Company Profile

E.ON SE operates as an energy company in Germany, the United Kingdom, Sweden, the Netherlands, rest of Europe, and internationally. It operates through two segments, Energy Networks and Customer Solutions. The Energy Networks segment operates power and gas distribution networks, as well as provides maintenance, repairs, and related services.