Enbridge Inc

ENB Pipe Lines (No Natural GAS) · NYSE

Market statistics

Annualised volatility 17.8%
Beta vs SPY -0.12
Market correlation -0.087
Rate sensitivity -0.09
Volatility sensitivity 0.00
Traded per day $209.9M

Measured from daily returns over the past year. That is not the same estimator as the beta quoted on most finance sites, which is usually five years of monthly returns, and in a market where single stocks move on their own news the daily figure comes out materially lower. Over this window the average large-cap correlation to the index is far below its long-run level: a low number here is a statement about the last twelve months, not a claim that the security is uncorrelated with the market in general.

As filed with the SEC balance sheet 2026-03-31

Shares outstanding 2.18B

Short selling — three different measurements

Shares short 69.8M
Days to cover 9.9
Change vs prior +124.1%
Short share of volume 49.4%
Largest fail balance 7.5M
Dates with a fail balance 38

These measure different things and are routinely confused. Shares short is an outstanding position, reported twice monthly (settlement 2026-08-14). Short share of volume counts sell-side transactions flagged short each day, most of which is market-maker hedging closed the same session — the market-wide median is around half. Fail balances are shares that did not settle on time; the SEC states these are cumulative balances whose age cannot be determined, and they are not evidence of naked short selling.

Ownership

Institutions reporting a position 1,479
Reported value $54.74B

Largest reported holdersamong the managers stored here

ManagerReported valueShares
ROYAL BANK OF CANADA $5.56B 102,663,447
GQG Partners LLC $4.13B 76,426,780
BANK OF MONTREAL /CAN/ $3.10B 57,204,190
TD Asset Management Inc $2.14B 39,677,169
DEUTSCHE BANK AG\ $1.87B 34,578,351
1832 Asset Management L.P. $1.57B 29,071,069
CIBC WORLD MARKET INC. $1.37B 25,325,643
MACKENZIE FINANCIAL CORP $1.11B 20,429,369

On the public record

Moves most like

Ticker1-year correlationVolatility vs ENB
TRP TC Energy Corporation 0.836 1.06×
TPYP Tortoise North American Pipeline ETF 0.768 0.82×
MLPX Global X MLP & Energy Infrastructure ETF 0.747 0.93×
ENFR Alerian Energy Infrastructure ETF 0.737 0.90×
PBA Pembina Pipeline Corp. Ordinary Shares (Canada) 0.705 1.15×
MDST Westwood Salient Enhanced Midstream Income ETF 0.668 0.72×
KMI Kinder Morgan, Inc. 0.600 1.16×
DTM DT Midstream, Inc. 0.576 1.22×

What is on this page

Everything this site holds about one security, from sources that are all public record. The figures come from different places and mean different things, so each block says where it came from.

What is deliberately absent

No price, no chart, no market capitalisation, no valuation ratio. The daily price history behind the statistics above is licensed from a commercial vendor and cannot be republished — and publishing a market cap alongside a share count would hand the price straight back. Every number here is either a public filing or a statistic from which the underlying series cannot be reconstructed.

Coverage

US securities trading at least $1 million a day with three years of history. Sections appear only where there is something to show: a fund has no income statement, most companies have no activist stake, and only a few dozen listed companies hold material federal contracts.