Engie SA (OTCMKTS:ENGIY) Short Interest Up 87.0% in February

Engie SA (OTCMKTS:ENGIY) was the recipient of a significant increase in short interest during the month of February. As of February 28th, there was short interest totalling 57,400 shares, an increase of 87.0% from the February 13th total of 30,700 shares. Based on an average daily volume of 208,300 shares, the short-interest ratio is presently 0.3 days. Currently, 0.0% of the shares of the company are sold short.

Engie Stock Performance

OTCMKTS ENGIY opened at $18.82 on Friday. The stock has a 50-day moving average of $16.92 and a 200 day moving average of $16.77. The company has a quick ratio of 0.92, a current ratio of 0.99 and a debt-to-equity ratio of 1.09. Engie has a twelve month low of $13.98 and a twelve month high of $18.90.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on ENGIY shares. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Engie in a report on Monday, March 3rd. Morgan Stanley reaffirmed an “overweight” rating on shares of Engie in a report on Tuesday.

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.