ENN Energy Holdings Limited (OTCMKTS:XNGSF) Sees Significant Decline in Short Interest

ENN Energy Holdings Limited (OTCMKTS:XNGSF) was the recipient of a significant drop in short interest in the month of August. As of August 15th, there was short interest totalling 343,400 shares, a drop of 25.3% from the July 31st total of 459,800 shares. Based on an average daily trading volume, of 6,200 shares, the short-interest ratio is presently 55.4 days.

ENN Energy Stock Performance

OTCMKTS XNGSF opened at $6.67 on Friday. The company’s 50 day moving average price is $7.44 and its 200 day moving average price is $8.09. ENN Energy has a one year low of $6.23 and a one year high of $10.32.

About ENN Energy

ENN Energy Holdings Limited, an investment holding company, engages in the investment, construction, operation, and management of gas pipeline infrastructure in the People's Republic of China. It operates through Retail Gas Sales Business, Integrated Energy Business, Wholesale of Gas, Construction and Installation, and Value Added Business segments.