Ameren Corporation (NYSE:AEE) has witnessed a drop of 5.8% or 386,083 shares in its short figure. The short interest diminution took it from 6,633,944 on May 31,2016 to 6,247,861 on June 15,2016. In terms of floated shares, the short interest was calculated to be 2.6%. The days to cover are 3 given that the daily volume averaged 1,854,793 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.
Ameren Corporation (NYSE:AEE): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $51.74 and $50.85 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $52.31. The buying momentum continued till the end and the stock did not give up its gains. It closed at $51.79, notching a gain of 0.56% for the day. The total traded volume was 2,136,436 . The stock had closed at $51.50 on the previous day.
The company shares have rallied 37.96% from its 1 Year high price. On Jun 24, 2016, the shares registered one year high at $52.31 and the one year low was seen on Jun 29, 2015. The 50-Day Moving Average price is $49.27 and the 200 Day Moving Average price is recorded at $46.97.
Ameren Corporation (NYSE:AEE) has climbed 1.01% in the past week and advanced 7.65% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 2.69% and the outperformance has advanced to 10.91% for the last 4 weeks period.
Ameren Corporation (Ameren) is a utility holding company. The Company operates in two segments: Ameren Missouri and Ameren Illinois. The Companys subsidiaries include Ameren Missouri and Ameren Illinois. Ameren also has a subsidiary, ATXI that operates a FERC rate-regulated electric transmission business. Ameren Missouri operates a rate-regulated electric generation, transmission, and distribution business and a rate-regulated natural gas transmission and distribution business in Missouri. It supplies electric and natural gas service to a 24,000-square-mile area in central and eastern Missouri. Ameren Illinois operates rate-regulated electric and natural gas transmission and distribution businesses in Illinois. Ameren Illinois supplies electric and natural gas utility service to portions of central and southern Illinois in an area of 40,000 square miles.