Short Interest in E.On Se (OTCMKTS:ENAKF) Decreases By 38.9%

E.On Se (OTCMKTS:ENAKF) was the recipient of a large drop in short interest during the month of February. As of February 15th, there was short interest totalling 1,594,500 shares, a drop of 38.9% from the January 31st total of 2,611,600 shares. Based on an average trading volume of 400 shares, the days-to-cover ratio is currently 3,986.3 days.

E.On Stock Performance

Shares of OTCMKTS ENAKF remained flat at $11.81 during trading hours on Friday. The company had a trading volume of 3,756 shares, compared to its average volume of 1,593. E.On has a 52 week low of $10.83 and a 52 week high of $15.34. The business’s 50-day moving average is $11.59 and its 200-day moving average is $12.82.

About E.On

E.ON SE operates as an energy company in Germany, the United Kingdom, Sweden, the Netherlands, rest of Europe, and internationally. It operates through two segments, Energy Networks and Customer Solutions. The Energy Networks segment operates power and gas distribution networks, as well as provides maintenance, repairs, and related services.