Enel SpA (OTCMKTS:ENLAY) Short Interest Up 105.6% in December

Enel SpA (OTCMKTS:ENLAY) was the recipient of a significant growth in short interest in the month of December. As of December 31st, there was short interest totalling 299,100 shares, a growth of 105.6% from the December 15th total of 145,500 shares. Based on an average trading volume of 2,529,500 shares, the days-to-cover ratio is currently 0.1 days.

Enel Stock Up 1.4 %

Shares of ENLAY traded up $0.10 on Thursday, reaching $7.33. The company’s stock had a trading volume of 445,635 shares, compared to its average volume of 719,023. Enel has a 12-month low of $6.04 and a 12-month high of $8.01. 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 stock’s 50 day simple moving average is $7.12 and its two-hundred day simple moving average is $7.35.

Enel Increases Dividend

The business also recently announced a dividend, which will be paid on Wednesday, February 12th. Investors of record on Tuesday, January 21st will be given a dividend of $0.2315 per share. The ex-dividend date is Tuesday, January 21st. This is an increase from Enel’s previous dividend of $0.12.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on ENLAY. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Enel in a research report on Wednesday, October 2nd. They set a “hold” rating on the stock. Barclays upgraded Enel to a “strong-buy” rating in a research note on Friday, September 27th.

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.