Enel Chile S.A. (NYSE:ENIC) Short Interest Up 15.4% in July

Enel Chile S.A. (NYSE:ENIC) saw a large increase in short interest during the month of July. As of July 15th, there was short interest totalling 1,020,000 shares, an increase of 15.4% from the June 30th total of 884,000 shares. Based on an average daily volume of 397,500 shares, the days-to-cover ratio is currently 2.6 days.

Enel Chile Trading Up 0.4 %

NYSE:ENIC opened at $2.80 on Monday. The firm has a market cap of $3.87 billion, a P/E ratio of 5.38 and a beta of 1.17. Enel Chile has a 52 week low of $2.68 and a 52 week high of $3.54. The firm’s fifty day moving average is $2.87 and its 200-day moving average is $2.92. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.83 and a current ratio of 0.85.

Enel Chile (NYSE:ENIC) last issued its earnings results on Tuesday, April 30th. The utilities provider reported $0.11 earnings per share (EPS) for the quarter. The business had revenue of $1.11 billion for the quarter. Enel Chile had a net margin of 18.01% and a return on equity of 61.15%.

Enel Chile Increases Dividend

The business also recently announced a semi-annual dividend, which was paid on Wednesday, May 22nd. Investors of record on Friday, January 1st were paid a dividend of $0.2093 per share. The ex-dividend date was Wednesday, May 22nd. This is a positive change from Enel Chile’s previous semi-annual dividend of $0.03. This represents a yield of 7.3%. Enel Chile’s dividend payout ratio is currently 40.39%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of ENIC. Brandes Investment Partners LP raised its holdings in Enel Chile by 28.2% during the fourth quarter. Brandes Investment Partners LP now owns 3,586,182 shares of the utilities provider’s stock worth $11,619,000 after buying an additional 789,016 shares during the last quarter. Todd Asset Management LLC acquired a new position in Enel Chile during the fourth quarter worth $3,398,000. Teachers Retirement System of The State of Kentucky acquired a new position in Enel Chile during the fourth quarter worth $3,398,000. Lesa Sroufe & Co raised its holdings in Enel Chile by 0.8% during the second quarter. Lesa Sroufe & Co now owns 700,000 shares of the utilities provider’s stock worth $1,960,000 after buying an additional 5,852 shares during the last quarter. Finally, Sumitomo Mitsui Trust Holdings Inc. raised its holdings in Enel Chile by 2.7% during the second quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 417,347 shares of the utilities provider’s stock worth $1,169,000 after buying an additional 11,000 shares during the last quarter. 3.20% of the stock is owned by institutional investors.

About Enel Chile

Enel Chile SA, an electricity utility company, engages in the generation, transmission, and distribution of electricity in Chile. The company operates through Generation, and Distribution and Networks Segments. It generates electricity through various sources, such as hydroelectric, thermal, wind, solar, and geothermal power plants.