Short Interest in E.On Se (OTCMKTS:EONGY) Declines By 16.6%

E.On Se (OTCMKTS:EONGY) saw a significant decline in short interest in the month of February. As of February 28th, there was short interest totalling 76,500 shares, a decline of 16.6% from the February 13th total of 91,700 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 775,300 shares, the days-to-cover ratio is currently 0.1 days.

E.On Stock Performance

Shares of EONGY stock traded up $0.04 during midday trading on Wednesday, hitting $14.40. The company had a trading volume of 68,681 shares, compared to its average volume of 285,368. E.On has a 52-week low of $10.65 and a 52-week high of $15.41. The company has a debt-to-equity ratio of 1.57, a current ratio of 0.87 and a quick ratio of 0.82. The company’s 50 day simple moving average is $12.33 and its 200 day simple moving average is $13.00. The stock has a market cap of $37.61 billion, a price-to-earnings ratio of 7.78, a PEG ratio of 6.32 and a beta of 0.82.

Analysts Set New Price Targets

Separately, Morgan Stanley raised shares of E.On from an “equal weight” rating to an “overweight” rating in a report on Thursday, December 5th.

E.On Company Profile

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.