Dominion Resources June 15th Short Interest Update

Dominion Resources (NYSE:D) reported a rise of 0.3% or 55,803 shares in its short interest. The short figure came in at 2.6% of the total floats. The average daily volume of 2,669,663 shares suggests that the days to cover 16,218,994 short positions, as on June 15,2016, will be 6. On May 31,2016, the short interest was 16,163,191 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.

Dominion Resources (NYSE:D): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $73.53 and $73.38 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $74.83. The buying momentum continued till the end and the stock did not give up its gains. It closed at $74.17, notching a gain of 0.30% for the day. The total traded volume was 4,332,912 . The stock had closed at $73.95 on the previous day.

The company shares have rallied 10.22% from its 1 Year high price. On Aug 20, 2015, the shares registered one year high at $76.59 and the one year low was seen on Dec 11, 2015. The 50-Day Moving Average price is $72.38 and the 200 Day Moving Average price is recorded at $70.96.

Dominion Resources (NYSE:D) has climbed 0.07% in the past week and advanced 3.57% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 1.73% and the outperformance has advanced to 6.71% for the last 4 weeks period.

Dominion Resources, Inc. (Dominion) is a producer and transporter of energy. The Company is a provider of electricity, natural gas and related services to customers in the eastern region of the United States. The Company operates in three segments: Dominion Virginia Power (DVP), Dominion Generation and Dominion Energy. As of December 31, 2014, the Companys portfolio of assets includes approximately 24,600 megawatt (MW) of generating capacity; 6,400 miles of electric transmission lines; 57,100 miles of electric distribution lines; 10,900 miles of natural gas transmission, gathering and storage pipeline, and 21,900 miles of gas distribution pipeline, exclusive of service lines. Dominions operations are conducted through various subsidiaries, including Virginia Power and Dominion Gas. The Company also operates one of the underground natural gas storage systems, with approximately 947 billion cubic feet (bcf) of storage capacity.

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