American Water Works (NYSE:AWK), A drop of 425,428 shares or 6.6% was seen in the short interest of American Water Works Company I. Even as the interest dropped from 6,403,189 shares on May 31,2016 to 5,977,761 shares on June 15,2016, the days to cover came in at 6. The updated interest stood at 3.4% of the stocks floats. The stock has seen an average daily volume of 953,050 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.
American Water Works (NYSE:AWK): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $77.68 and $77.68 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $80.89. The buying momentum continued till the end and the stock did not give up its gains. It closed at $79.93, notching a gain of 1.25% for the day. The total traded volume was 2,603,035 . The stock had closed at $78.94 on the previous day.
The company shares have rallied 63.36% from its 1 Year high price. On Jun 24, 2016, the shares registered one year high at $80.89 and the one year low was seen on Jun 30, 2015. The 50-Day Moving Average price is $75.75 and the 200 Day Moving Average price is recorded at $68.10.
American Water Works (NYSE:AWK) has climbed 2.25% in the past week and advanced 7.84% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 3.95% and the outperformance has advanced to 11.1% for the last 4 weeks period.
American Water Works Company, Inc. is a water and wastewater utility holding company. Through its subsidiaries, the Company provides drinking water, wastewater and other water related services to approximately 15 million people in approximately 47 states of the United States and one Canadian province. The Company has two operating segments: the Regulated Businesses and the Market-Based Operations. The Regulated Businesses segment owns subsidiaries that provide water and wastewater utility services to residential, commercial, industrial and other customers. The Market-Based Operations segment provides water and wastewater services to military bases, municipalities, industrial, commercial and residential customers that are not subject to economic regulation by state Public Utility Commissions (PUC). The Companys subsidiaries include Illinois-American Water Company (ILAWC), American Lake Water Company and West Virginia-American Water Company (WVAWC).