CenterPoint Energy June 15th Short Interest Update

CenterPoint Energy (NYSE:CNP) stated loss of 884,887 shares or 5.8% in the short interest. The short interest registered from 15,248,637 on May 31,2016 to 14,363,750 on June 15,2016. In terms of floated shares, the shorted positions stood at 3.5%. The stock has been averaging 3,035,779 shares daily in trading and would need 5 days to cover the shorts. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.

CenterPoint Energy (NYSE:CNP): The stock opened at $23.13 on Friday but the bulls could not build on the opening and the stock topped out at $23.52 for the day. The stock traded down to $22.96 during the day, due to lack of any buying support eventually closed down at $23.34 with a loss of -0.64% for the day. The stock had closed at $23.49 on the previous day. The total traded volume was 3,324,737 shares.

The company shares have rallied 21.18% from its 1 Year high price. On Jun 21, 2016, the shares registered one year high at $23.67 and the one year low was seen on Dec 11, 2015. The 50-Day Moving Average price is $22.59 and the 200 Day Moving Average price is recorded at $20.05.

CenterPoint Energy (NYSE:CNP) has climbed 1.04% in the past week and advanced 3.69% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 2.72% and the outperformance has advanced to 6.82% for the last 4 weeks period.

CenterPoint Energy, Inc. is a public utility holding company. The companys segments include: Electric Transmission & Distribution, Natural Gas Distribution, Energy Services, Midstream Investments and Other Operations. Electric Transmission & Distribution provides electric transmission and distribution services to retail electric providers. Natural Gas Distribution offers intrastate natural gas sales to and natural gas transportation and distribution for residential, commercial, industrial and institutional customers. Energy Services includes non-rate regulated gas sales and services operations. Midstream Investments segment includes equity earnings associated with the operations of Enable Midstream Partners, LP and a 0.1% interest in Southeast Supply Header, LLC owned by CenterPoint Energy Resources Corp. Other Operations includes office buildings and other real estate used in its business operations and other corporate operations which support all of its business operations.

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