ENGIE – Sponsored ADR (OTCMKTS:ENGIY) Short Interest Update

ENGIE – Sponsored ADR (OTCMKTS:ENGIY) saw a large growth in short interest in the month of September. As of September 15th, there was short interest totaling 102,232 shares, a growth of 1,541.0% from the August 31st total of 6,230 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average trading volume of 587,595 shares, the days-to-cover ratio is presently 0.2 days.

ENGIE Stock Up 0.0%

Shares of ENGIE stock opened at $26.65 on Friday. ENGIE has a 12-month low of $21.31 and a 12-month high of $35.16. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.08 and a quick ratio of 1.03. The company’s fifty day simple moving average is $29.15 and its two-hundred day simple moving average is $30.93.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on the company. Zacks Research cut ENGIE from a “strong-buy” rating to a “hold” rating in a research note on Friday, July 10th. Barclays reaffirmed an “overweight” rating on shares of ENGIE in a research note on Thursday, June 18th. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy”.

ENGIE Company Profile

ENGIE SA is a France-based energy company that develops, operates and manages energy infrastructure and provides related services. Its activities include renewable power generation, electricity and natural gas networks, energy supply, and energy-efficiency solutions for commercial, industrial and public-sector customers.

The company’s renewable energy portfolio includes wind, solar, hydroelectric and other low-carbon generation assets. ENGIE also provides district heating and cooling, energy management, building efficiency and decarbonization services, while continuing to operate and supply gas and electricity in selected markets.

ENGIE traces its history to Gaz de France and Suez, which merged in 2008 to form GDF Suez.