Short Interest in E.On Se (OTCMKTS:ENAKF) Declines By 38.9%

E.On Se (OTCMKTS:ENAKF) was the target of a large drop in short interest in the month of February. As of February 15th, there was short interest totalling 1,594,500 shares, a drop of 38.9% from the January 31st total of 2,611,600 shares. Based on an average daily volume of 400 shares, the days-to-cover ratio is presently 3,986.3 days.

E.On Stock Performance

ENAKF stock traded up $1.40 during midday trading on Tuesday, reaching $13.21. 405 shares of the company’s stock traded hands, compared to its average volume of 1,500. The firm’s fifty day moving average price is $11.61 and its 200-day moving average price is $12.82. E.On has a 52 week low of $10.83 and a 52 week high of $15.34.

E.On Company Profile

E.ON SE operates as an energy company in Germany, the United Kingdom, Sweden, the Netherlands, rest of Europe, and internationally. It operates through two segments, Energy Networks and Customer Solutions. The Energy Networks segment operates power and gas distribution networks, as well as provides maintenance, repairs, and related services.