Endesa S.A. – Unsponsored ADR (OTCMKTS:ELEZY) Short Interest Update

Endesa S.A. – Unsponsored ADR (OTCMKTS:ELEZY) was the recipient of a large decrease in short interest during the month of June. As of June 30th, there was short interest totaling 13,770 shares, a decrease of 71.1% from the June 15th total of 47,612 shares. Based on an average trading volume of 49,293 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.0% of the company’s stock are sold short.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on ELEZY. Zacks Research cut shares of Endesa from a “strong-buy” rating to a “hold” rating in a report on Monday, June 1st. Morgan Stanley reiterated an “underweight” rating on shares of Endesa in a research note on Wednesday, July 1st. Finally, Citigroup reissued a “sell” rating on shares of Endesa in a research note on Tuesday, May 19th. Four research analysts have rated the stock with a Hold rating and five have given a Sell rating to the company. According to data from MarketBeat, Endesa currently has a consensus rating of “Strong Sell”.

Endesa Stock Down 0.9%

OTCMKTS:ELEZY traded down $0.20 during trading on Monday, reaching $22.05. The company’s stock had a trading volume of 19,314 shares, compared to its average volume of 22,440. Endesa has a 12 month low of $14.33 and a 12 month high of $23.10. The firm has a 50 day moving average of $21.71 and a 200-day moving average of $20.42.

About Endesa

Endesa, SA is one of the leading electric utility companies in Spain, serving residential, commercial, and industrial customers. The company’s core activities include the generation, distribution and supply of electricity, along with the sale of natural gas. Endesa operates a diverse energy portfolio encompassing hydroelectric, nuclear, coal-fired and renewable power plants, reflecting a strategic commitment to decarbonization and the integration of green energy sources.

In electricity generation, Endesa manages an extensive network of power stations across Spain and Portugal, leveraging its scale to optimize production costs and ensure grid reliability.