ENEOS Holdings, Inc. (OTCMKTS:JXHLY) Sees Significant Increase in Short Interest

ENEOS Holdings, Inc. (OTCMKTS:JXHLY) was the target of a significant growth in short interest in the month of April. As of April 30th, there was short interest totaling 15,650 shares, a growth of 578.1% from the April 15th total of 2,308 shares. Based on an average trading volume of 7,078 shares, the days-to-cover ratio is presently 2.2 days.

Wall Street Analysts Forecast Growth

Separately, Nomura upgraded shares of ENEOS to a “strong-buy” rating in a research note on Friday, February 20th. One equities research analyst has rated the stock with a Strong Buy rating, According to data from MarketBeat, ENEOS presently has an average rating of “Strong Buy”.

ENEOS Stock Performance

Shares of OTCMKTS:JXHLY traded up C$0.06 during trading on Thursday, reaching C$17.12. The stock had a trading volume of 6,555 shares, compared to its average volume of 3,703. The business has a fifty day moving average price of C$17.62 and a 200-day moving average price of C$16.19. ENEOS has a fifty-two week low of C$8.80 and a fifty-two week high of C$20.58.

ENEOS (OTCMKTS:JXHLY) last released its earnings results on Friday, February 13th. The company reported C$0.31 earnings per share for the quarter. The business had revenue of C$19.67 billion for the quarter.

About ENEOS

ENEOS Holdings, Inc is a Tokyo-based integrated energy company primarily engaged in the exploration, production, refining and distribution of petroleum products. Under its ENEOS brand, the company supplies gasoline, diesel and jet fuel to automotive, aviation and industrial customers. It also produces lubricants, base oils and petrochemicals for manufacturing, marine and consumer applications.

In addition to its core oil and gas operations, ENEOS holds interests in resource development and trading of nonferrous metals through its metals and mining segment.