Engie SA (OTCMKTS:ENGIY) Short Interest Down 57.8% in November

Engie SA (OTCMKTS:ENGIY) saw a significant decline in short interest in November. As of November 15th, there was short interest totalling 74,600 shares, a decline of 57.8% from the October 31st total of 176,800 shares. Based on an average daily volume of 299,900 shares, the days-to-cover ratio is presently 0.2 days.

Engie Stock Down 0.2 %

Shares of OTCMKTS:ENGIY traded down $0.03 on Thursday, hitting $15.74. The company had a trading volume of 193,351 shares, compared to its average volume of 190,676. Engie has a 52-week low of $13.98 and a 52-week high of $18.15. The business has a 50 day moving average of $16.84 and a 200 day moving average of $16.46.

Wall Street Analysts Forecast Growth

ENGIY has been the topic of a number of research analyst reports. Deutsche Bank Aktiengesellschaft initiated coverage on Engie in a research report on Wednesday, October 2nd. They set a “hold” rating on the stock. Sanford C. Bernstein initiated coverage on Engie in a research report on Wednesday, October 2nd. They set an “outperform” rating on the stock. Finally, Bank of America upgraded Engie from an “underperform” rating to a “neutral” rating in a research report on Wednesday, October 2nd.

Engie Company Profile

ENGIE SA engages in the power, natural gas, and energy services businesses. It operates through Renewables, Networks, Energy Solutions, FlexGen, Retail, Nuclear, and Others segments. The Renewables segment comprises renewable energy generation activities, including financing, construction, operation, and maintenance of renewable energy facilities using various energy sources, such as hydroelectric, onshore wind, photovoltaic solar, offshore wind, and geothermal.