E.On Se (OTCMKTS:ENAKF) Sees Significant Increase in Short Interest

E.On Se (OTCMKTS:ENAKF) was the recipient of a significant growth in short interest during the month of June. As of June 15th, there was short interest totalling 453,000 shares, a growth of 61.0% from the May 31st total of 281,300 shares. Based on an average daily volume of 8,000 shares, the short-interest ratio is currently 56.6 days.

E.On Stock Down 1.3 %

Shares of ENAKF traded down $0.17 during mid-day trading on Friday, hitting $12.89. 68 shares of the company traded hands, compared to its average volume of 1,253. The stock has a 50-day moving average price of $13.40 and a two-hundred day moving average price of $13.37. E.On has a 1 year low of $10.99 and a 1 year high of $14.58.

About E.On

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.