ENN Energy Holdings Limited (OTCMKTS:XNGSF) Sees Large Drop in Short Interest

ENN Energy Holdings Limited (OTCMKTS:XNGSFGet Free Report) was the target of a significant drop in short interest in the month of February. As of February 15th, there was short interest totalling 236,800 shares, a drop of 61.4% from the January 31st total of 614,000 shares. Based on an average daily volume of 200 shares, the days-to-cover ratio is presently 1,184.0 days.

ENN Energy Stock Performance

Shares of ENN Energy stock opened at $6.58 on Friday. ENN Energy has a 52-week low of $5.67 and a 52-week high of $10.32. The company has a 50 day moving average of $6.97 and a 200 day moving average of $7.00.

About ENN Energy

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ENN Energy Holdings Limited, an investment holding company, engages in the investment, construction, operation, and management of gas pipeline infrastructure in the People's Republic of China. It operates through Retail Gas Sales Business, Integrated Energy Business, Wholesale of Gas, Construction and Installation, and Value Added Business segments.

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