Short Interest in ENN Energy Holdings Limited (OTCMKTS:XNGSY) Rises By 19,850.0%

ENN Energy Holdings Limited (OTCMKTS:XNGSY) was the target of a significant increase in short interest in December. As of December 31st, there was short interest totalling 39,900 shares, an increase of 19,850.0% from the December 15th total of 200 shares. Based on an average trading volume of 142,100 shares, the days-to-cover ratio is presently 0.3 days.

ENN Energy Stock Performance

Shares of OTCMKTS XNGSY traded down $1.16 during midday trading on Monday, hitting $27.00. The stock had a trading volume of 61,026 shares, compared to its average volume of 68,571. The stock has a 50 day simple moving average of $27.90 and a 200-day simple moving average of $28.22. ENN Energy has a 1 year low of $22.53 and a 1 year high of $41.19.

ENN Energy Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, December 13th. Investors of record on Monday, November 4th were given a dividend of $0.256 per share. The ex-dividend date of this dividend was Monday, November 4th.

ENN Energy Company Profile

ENN Energy Holdings Limited, an investment holding company, engages in the investment, construction, operation, and management of gas pipeline infrastructure in the People's Republic of China. It operates through Retail Gas Sales Business, Integrated Energy Business, Wholesale of Gas, Construction and Installation, and Value Added Business segments.