Engie SA (OTCMKTS:ENGIY) Sees Large Decrease in Short Interest

Engie SA (OTCMKTS:ENGIY) was the target of a large decline in short interest in July. As of July 15th, there was short interest totalling 1,900 shares, a decline of 76.8% from the June 30th total of 8,200 shares. Based on an average daily volume of 280,500 shares, the days-to-cover ratio is presently 0.0 days.

Engie Trading Up 1.6 %

Shares of Engie stock traded up $0.25 during trading on Friday, reaching $15.63. 120,807 shares of the stock traded hands, compared to its average volume of 167,747. Engie has a 52-week low of $13.98 and a 52-week high of $18.15. The business has a fifty day simple moving average of $15.51 and a two-hundred day simple moving average of $16.20.

About Engie

ENGIE SA engages in the power, natural gas, and energy services businesses. It operates through Renewables, Networks, Energy Solutions, FlexGen, Retail, Nuclear, and Others segments. The Renewables segment comprises renewable energy generation activities, including financing, construction, operation, and maintenance of renewable energy facilities using various energy sources, such as hydroelectric, onshore wind, photovoltaic solar, offshore wind, and geothermal.