Duke Energy Corporation June 15th Short Interest Update

Duke Energy Corporation (NYSE:DUK) encountered a drop of 12.6% or -2,646,786 shares in the short positions. The number dropped from 20,978,874 on May 31,2016 to 18,332,088 on June 15,2016. The final interest is 2.7% of the floated stock. The days to cover figure of 6 can be arrived using the average daily exchange of 2,833,230 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.

Duke Energy Corporation (NYSE:DUK): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $81.63 and $81.41 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $83.29. The buying momentum continued till the end and the stock did not give up its gains. It closed at $82.43, notching a gain of 0.46% for the day. The total traded volume was 3,699,292 . The stock had closed at $82.05 on the previous day.

The company shares have rallied 16.34% from its 1 Year high price. On Jun 24, 2016, the shares registered one year high at $83.29 and the one year low was seen on Dec 3, 2015. The 50-Day Moving Average price is $79.98 and the 200 Day Moving Average price is recorded at $76.71.

Duke Energy Corporation (NYSE:DUK) has tumbled 0.66% during the past week, however, the bigger picture is still very bullish; the stocks have advanced and posted positive gains of 5.71% in the last four weeks. In the past week, the company has outperformed the S&P 500 by 0.99% and the outperformance has advanced to 8.91% for the last 4 weeks period.

Duke Energy Corporation is an energy company. Duke Energy conducts its operations in three business segments: Regulated Utilities, International Energy and Commercial Power. The Companys Regulated Utilities segment conducts operations primarily through Duke Energy Carolinas, Duke Energy Progress, Duke Energy Florida, Duke Energy Indiana and Duke Energy Ohio. The Companys International Energy segment principally operates and manages power generation facilities and engages in sales and marketing of electric power, natural gas, and natural gas liquids outside the United States. The Companys Commercial Power builds, develops and operates wind and solar renewable generation and energy transmission projects throughout the continental United States. Duke Energy operates in the United States and Latin America primarily through its direct and indirect subsidiaries.

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