Dynegy (DYN): Price Target and June Short Interest Disclosure

Dynegy (DYN) : Average target price received by Dynegy (DYN) is $23.83 with an expected standard deviation of $5.15. The most aggressive target on the stock is $34, whereas the most downbeat target is $20. 6 financial analysts are currently covering the stock.

Dynegy (DYN) stated gains of 6,970,582 shares or 93.2% in the short interest. The short interest registered from 7,481,926 on June 15,2016 to 14,452,508 on June 30,2016. In terms of floated shares, the shorted positions stood at 12.5%. The stock has been averaging 6,755,826 shares daily in trading and would need 2 days to cover the shorts. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 12th.

Also, Citigroup upgrades their rating on the shares of Dynegy (NYSE:DYN). The current rating of the shares is Buy. Earlier, the shares were rated a Neutral by the brokerage firm. Equity Analysts at the Firm lowers the price target to $19 per share from $21 per share. The rating by the firm was issued on June 29, 2016.


Dynegy (NYSE:DYN): stock turned positive on Thursday. Though the stock opened at $17.89, the bulls momentum made the stock top out at $18.32 level for the day. The stock recorded a low of $17.78 and closed the trading day at $18, in the green by 0.50%. The total traded volume for the day was 2,816,815. The stock had closed at $17.91 in the previous days trading.

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