Short Interest in Endesa, S.A. (OTCMKTS:ELEZF) Drops By 12.9%

Endesa, S.A. (OTCMKTS:ELEZF) was the target of a large drop in short interest in the month of February. As of February 15th, there was short interest totalling 98,400 shares, a drop of 12.9% from the January 31st total of 113,000 shares. Based on an average trading volume of 400 shares, the days-to-cover ratio is presently 246.0 days.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Endesa stock. Generali Investments CEE investicni spolecnost a.s. purchased a new stake in Endesa, S.A. (OTCMKTS:ELEZF) during the fourth quarter, according to its most recent filing with the SEC. The firm purchased 9,500 shares of the company’s stock, valued at approximately $204,000. 7.06% of the stock is currently owned by institutional investors and hedge funds.

Endesa Stock Performance

Shares of OTCMKTS:ELEZF opened at $22.44 on Thursday. Endesa has a 12-month low of $17.80 and a 12-month high of $22.46. The business’s fifty day simple moving average is $21.88 and its 200-day simple moving average is $20.96.

Endesa Company Profile

Endesa, SA engages in the generation, distribution, and sale of electricity in Spain, Portugal, France, Germany, Morocco, Italy, the United Kingdom, Singapore, and internationally. The company generates electricity from various energy sources, such as hydroelectric, nuclear, thermal, wind, and solar.