CONSOL Energy (NYSE:CNX), A reduction of 6,856,724 shares or 15.3% was observed in the short interest of Consol Energy The interest on June 15,2016 came in at 37,984,424 shares and as per the average daily trading of 5,703,768 shares, the days to cover are 7. The reduced interest is 16.7% of the floated shares. The data of May 31,2016 put the interest at 44,841,148 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.
CONSOL Energy (NYSE:CNX): The stock opened at $14.77 on Friday but the bulls could not build on the opening and the stock topped out at $14.90 for the day. The stock traded down to $14.33 during the day, due to lack of any buying support eventually closed down at $14.58 with a loss of -5.87% for the day. The stock had closed at $15.49 on the previous day. The total traded volume was 4,129,092 shares.
The company shares have dropped -33.82% from its 1 Year high price. On Jun 29, 2015, the shares registered one year high at $23.52 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $14.46 and the 200 Day Moving Average price is recorded at $10.85.
Stocks of CONSOL Energy (NYSE:CNX) rallied by 1.96% during the past week but lost 1.82% on a 4-week basis. In the past week, the company has outperformed the S&P 500 by 3.65% and the outperformance has advanced to 1.15% for the last 4 weeks period.
CONSOL Energy Inc. is an integrated energy company. The Company operates through two divisions: oil and gas exploration and production (E&P), and coal mining. The E&P division is focused on natural gas and liquids activities, including production, gathering, processing and acquisition of natural gas properties in the Appalachian Basin (Pennsylvania, West Virginia, Ohio, Virginia and Tennessee). The coal division is focused on the extraction and preparation of coal, in the Appalachian Basin. It holds two joint ventures, one with Noble Energy, Inc. in the Marcellus Shale and one with a subsidiary of Hess Corporation in the Utica Shale. Its gas operations include Marcellus Shale, Utica Shale, Coalbed Methane and Other Gas properties. Its coal mining division includes Pennsylvania (PA) operations coal segment, Virginia (VA) operations coal segment and other coal segment. As of December 31, 2014, the Company has a total production of 645,792 million cubic feet per day (Mcfe per day).