Engie SA (OTCMKTS:ENGIY) Sees Large Decrease in Short Interest

by · The Markets Daily

Engie SA (OTCMKTS:ENGIY – Get Free Report) was the target of a large decline in short interest during the month of November. As of November 30th, there was short interest totalling 27,000 shares, a decline of 63.8% from the November 15th total of 74,600 shares. Based on an average daily volume of 301,600 shares, the short-interest ratio is currently 0.1 days.

Engie Trading Down 0.2 %

Shares of Engie stock traded down $0.03 during trading hours on Wednesday, reaching $15.92. 286,639 shares of the company’s stock were exchanged, compared to its average volume of 191,132. Engie has a 52-week low of $13.98 and a 52-week high of $18.15. The company has a fifty day moving average of $16.59 and a 200-day moving average of $16.39.

Analyst Ratings Changes

Several equities analysts recently issued reports on ENGIY shares. Deutsche Bank Aktiengesellschaft initiated coverage on Engie in a research report on Wednesday, October 2nd. They issued a “hold” rating on the stock. Bank of America upgraded Engie from an “underperform” rating to a “neutral” rating in a research report on Wednesday, October 2nd. Finally, Sanford C. Bernstein initiated coverage on Engie in a research report on Wednesday, October 2nd. They set an “outperform” rating on the stock.

Get Our Latest Analysis on ENGIY

About Engie

(Get Free Report)

ENGIE SA engages in the power, natural gas, and energy services businesses. It operates through Renewables, Networks, Energy Solutions, FlexGen, Retail, Nuclear, and Others segments. The Renewables segment comprises renewable energy generation activities, including financing, construction, operation, and maintenance of renewable energy facilities using various energy sources, such as hydroelectric, onshore wind, photovoltaic solar, offshore wind, and geothermal.

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