Is Buying E.ON SE SPONSORED ADR GERMANY (OTCMKTS:EONGY) Here Good Idea?

April 26, 2018 - By Winifred Garcia

E.ON SE (OTCMKTS:EONGY) Logo

The stock of E.ON SE SPONSORED ADR GERMANY (OTCMKTS:EONGY) registered an increase of 29.12% in short interest. EONGY’s total short interest was 135,700 shares in April as published by FINRA. Its up 29.12% from 105,100 shares, reported previously. With 204,100 shares average volume, it will take short sellers 1 days to cover their EONGY’s short positions. The short interest to E.ON SE SPONSORED ADR GERMANY’s float is 0.01%.

The stock increased 0.81% or $0.0875 during the last trading session, reaching $10.8275. About 24,164 shares traded. E.ON SE (OTCMKTS:EONGY) has 0.00% since April 26, 2017 and is . It has underperformed by 11.55% the S&P500.

E.ON SE operates as an energy company in Germany, the United Kingdom, Romania, Hungary, the Czech Republic, Sweden, the United States, and internationally. The company has market cap of $23.50 billion. The firm provides power and gas distribution networks and related services; and plans, builds, operates, and manages renewable generation assets, such as onshore wind/solar and offshore wind/others. It has a 4.78 P/E ratio. It also distributes energy solutions to residential customers, small and medium sized enterprises, large commercial and industrial customers, and public entities.

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