NextEra Energy (NYSE:NEE) has seen a shortfall of 1,169,524 shares or 11.4% in the short interest. The remaining shorts are 2% of the total floated shares. The net short interest, as on June 15,2016, stood at 9,090,382 shares and the stocks days to cover will be 6 by factoring in the average per day volume of 1,586,391 shares. On May 31,2016, 10,259,906 shares were shorted. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.
NextEra Energy (NYSE:NEE): The stock opened at $122.13 on Friday but the bulls could not build on the opening and the stock topped out at $125.09 for the day. The stock traded down to $121.25 during the day, due to lack of any buying support eventually closed down at $123.80 with a loss of -0.01% for the day. The stock had closed at $123.81 on the previous day. The total traded volume was 4,077,354 shares.
The company shares have rallied 26.11% from its 1 Year high price. On Jun 17, 2016, the shares registered one year high at $125.23 and the one year low was seen on Sep 11, 2015. The 50-Day Moving Average price is $121.42 and the 200 Day Moving Average price is recorded at $114.13.
NextEra Energy (NYSE:NEE) has tumbled 1.04% during the past week, however, the bigger picture is still very bullish; the stocks have advanced and posted positive gains of 3.3% in the last four weeks. In the past week, the company has outperformed the S&P 500 by 0.6% and the outperformance has advanced to 6.43% for the last 4 weeks period.
NextEra Energy, Inc. (NEE) is a holding company. The Company operates through its wholly owned subsidiaries, Florida Power & Light Company (FPL) and NextEra Energy Resources, LLC (NEER). It is an electric power company in North America with electric generating facilities located in 27 states in the United States and four provinces in Canada. Its segments are FPL and NEER. FPL is an electric utility engaged primarily in the generation, transmission, distribution and sale of electric energy in Florida. NEER owns, develops, constructs, manages and operates electric generating facilities in wholesale energy markets primarily in the United States, as well as in Canada and Spain. Corporate and Other segment represents other business activities, primarily NextEra Energy Transmission, LLC (NEET) and FPL FiberNet. NEET operates through Lone Star Transmission, LLC, a transmission service provider in Texas, and New Hampshire Transmission, LLC, a transmission owner in ISO New England.