The short interest in Public Service Enterprise Group Incorporated (NYSE:PEG) has increased from 10,282,819 on May 31,2016 to 10,711,454 on June 15,2016. The change was measured at 428,635 shares or 4.2%. The leftover shorts were 2.1% of the floated shares. The days to cover are 4, given the average daily volume of 2,865,917 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.
Public Service Enterprise Group Incorporated (NYSE:PEG): The stock opened at $43.76 on Friday but the bulls could not build on the opening and the stock topped out at $44.65 for the day. The stock traded down to $43.76 during the day, due to lack of any buying support eventually closed down at $44.09 with a loss of -0.47% for the day. The stock had closed at $44.30 on the previous day. The total traded volume was 4,332,592 shares.
The company shares have rallied 12.42% from its 1 Year high price. On Apr 1, 2016, the shares registered one year high at $47.41 and the one year low was seen on Dec 14, 2015. The 50-Day Moving Average price is $44.88 and the 200 Day Moving Average price is recorded at $43.20.
Public Service Enterprise Group Incorporated (NYSE:PEG) has tumbled 1.61% during the past week and has dropped 1.01% in the last 4 week period. In the past week, the company has outperformed the S&P 500 by 0.03% and the outperformance has advanced to 1.99% for the last 4 weeks period.
Public Service Enterprise Group Incorporated (PSEG) is an energy holding company engaged in the transmission of electricity and distribution of electricity and natural gas. Its operations are located in the Northeastern and Mid- Atlantic United States. It conducts its business through two direct wholly owned subsidiaries: PSEG Power LLC (Power) and Public Service Electric and Gas Company (PSE&G). The Companys other direct wholly owned subsidiaries are PSEG Energy Holdings L.L.C., which owns and manages a portfolio of lease investments; PSEG Long Island LLC, which operates the Long Island Power Authoritys (LIPA) transmission and distribution system under a contractual agreement, and PSEG Services Corporation, which provides certain management, administrative and general services to PSEG and its subsidiaries.