E.On Se (OTCMKTS:EONGY) Sees Large Increase in Short Interest

E.On Se (OTCMKTS:EONGY) was the target of a large increase in short interest during the month of November. As of November 30th, there was short interest totalling 36,100 shares, an increase of 802.5% from the November 15th total of 4,000 shares. Based on an average daily volume of 358,400 shares, the short-interest ratio is presently 0.1 days.

E.On Stock Down 1.0 %

Shares of OTCMKTS:EONGY traded down $0.12 during mid-day trading on Wednesday, reaching $12.47. 144,304 shares of the company traded hands, compared to its average volume of 62,221. The company’s 50 day moving average price is $13.30 and its 200-day moving average price is $13.67. E.On has a 52 week low of $12.11 and a 52 week high of $15.41. The company has a current ratio of 0.87, a quick ratio of 0.82 and a debt-to-equity ratio of 1.57.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on EONGY shares. Morgan Stanley upgraded E.On from an “equal weight” rating to an “overweight” rating in a report on Thursday, December 5th. Barclays upgraded shares of E.On to a “strong-buy” rating in a research note on Friday, September 27th.

About E.On

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.