Enagas SA (OTCMKTS:ENGGF) Sees Large Drop in Short Interest

Enagas SA (OTCMKTS:ENGGF) was the target of a significant decline in short interest during the month of September. As of September 15th, there was short interest totalling 835,100 shares, a decline of 10.0% from the August 31st total of 927,800 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Enagas Stock Performance

OTCMKTS ENGGF remained flat at $15.56 during trading hours on Friday. The firm’s fifty day moving average price is $14.81 and its 200-day moving average price is $15.00. Enagas has a 52-week low of $13.50 and a 52-week high of $18.45.

Enagas Company Profile

Enagás, SA engages in the development, operation, and maintenance of gas infrastructures in Spain and internationally. The company provides gas transportation services through gas pipelines; natural gas regasification services; and operates underground storage facilities. It is involved in the operation and technical management of the basic network and secondary transportation network for natural gas.