Eni SpA ADR

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Eni S.p.A. (Italian pronunciation:) is an Italian multinational oil and gas company headquartered in Rome. Considered one of the seven "Supermajor" oil companies in the world, it has operations in 66 countries with a market capitalization of US$55.61 billion, as of 31 December 2019. The Italian government owns a 30.303% golden share in the company, 3.934% held through the state treasury and 26.369% through the Cassa Depositi e Prestiti. The company is a component of the Euro Stoxx 50 stock market index.The name "ENI" was initially the acronym of "Ente Nazionale Idrocarburi" (National Hydrocarbons Authority). Through the years after its foundation however, it operated in many fields including contracting, nuclear power, energy, mining, chemicals and plastics, refining/extraction and distribution machinery, hospitality industry and even textile industry and news. In 2019, Eni ranked 83 on the Fortune Global 500 list by revenue and 20th in the energy sector.

Eni SpA ADR has been a target of short sellers for a while. The current short interest of 0.05% is roughly at the average of the last 12 months (0.08%).