The 20-year-old Wolves Academy product has spent the first half of the campaign in the SPL, but was restricted to just six appearances, all coming before November.
The winger has played close to 50 Wolves games and helped Nuno’s side to the Championship title last season.
He now links up with a Coventry City side hunting a Play-Off place in League One, currently sat seven points adrift of the top six following promotion last season.
Enobakhare is eligible to make his Sky Blues debut on Saturday when they host AFC Wimbledon at the Ricoh Arena.