ENN Energy Holdings Ltd. (OTCMKTS:XNGSY) Short Interest Update

ENN Energy Holdings Ltd. (OTCMKTS:XNGSY) was the recipient of a significant growth in short interest in July. As of July 15th, there was short interest totaling 95,120 shares, a growth of 108.4% from the June 30th total of 45,643 shares. Based on an average daily volume of 182,201 shares, the short-interest ratio is currently 0.5 days. Approximately 0.0% of the company’s stock are short sold.

Analysts Set New Price Targets

Separately, Zacks Research upgraded shares of ENN Energy from a “strong sell” rating to a “hold” rating in a research note on Tuesday, June 30th. One analyst has rated the stock with a Hold rating, According to MarketBeat, ENN Energy presently has an average rating of “Hold”.

ENN Energy Stock Performance

Shares of OTCMKTS XNGSY opened at $23.92 on Friday. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.59 and a current ratio of 0.64. ENN Energy has a one year low of $20.55 and a one year high of $39.40. The business’s 50-day moving average price is $23.58 and its two-hundred day moving average price is $30.00.

ENN Energy Company Profile

ENN Energy Holdings Limited is a leading city gas distribution and integrated energy services provider in the People’s Republic of China. The company’s core business spans the purchase, transmission and sale of natural gas, liquefied natural gas (LNG), compressed natural gas (CNG) and liquefied petroleum gas (LPG) through an extensive pipeline network. In addition to its traditional piped gas operations, ENN Energy offers installation and maintenance of gas appliances, emergency response services and energy consulting for residential, commercial and industrial customers.

Building on its gas distribution platform, ENN Energy has expanded into integrated energy projects that combine multiple energy sources such as gas, electricity, thermal energy and renewable fuels.