Endesa, S.A. (OTCMKTS:ELEZF) Short Interest Down 16.6% in March

Endesa, S.A. (OTCMKTS:ELEZF) was the target of a large drop in short interest in the month of March. As of March 31st, there was short interest totalling 93,200 shares, a drop of 16.6% from the March 15th total of 111,800 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ∞ days.

Endesa Price Performance

OTCMKTS:ELEZF opened at $27.49 on Monday. Endesa has a 1 year low of $18.01 and a 1 year high of $27.49. The stock has a 50-day moving average price of $23.81 and a two-hundred day moving average price of $22.18.

Hedge Funds Weigh In On Endesa

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) in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 9,500 shares of the company’s stock, valued at approximately $204,000. Hedge funds and other institutional investors own 7.06% of the company’s stock.

About Endesa

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.