Short Interest Update on PNM Resources (Holding Co.) (PNM)

PNM Resources (Holding Co.) (PNM) : The short interest in PNM Resources (Holding Co.) (PNM) has changed with an increase of 322,832 shares and the open interest is 11.9%. From 2,719,313 short positions on Jul 29, 2016, the shorts increased to 3,042,145 shares by August 15, 2016. There are 5 more days left for the expiry and the daily trading volume of the stock is 577,910 shares. The total interest of shorts is 3.9% of the shares available to the public. The short interest information was released on Wednesday Aug 24th after the market close.

PNM Resources (Holding Co.) (NYSE:PNM): The stock opened at $33.09 on Wednesday but the bulls could not build on the opening and the stock topped out at $33.10 for the day. The stock traded down to $32.77 during the day, due to lack of any buying support eventually closed down at $32.93 with a loss of -0.54% for the day. The stock had closed at $33.11 on the previous day. The total traded volume was 694,970 shares.


In a related news,The (SVP, PUBLIC POLICY) of Pnm Resources Inc, Darnell Ronald N. sold 113 shares at $33.05 on March 16, 2016. The Insider selling transaction had a total value worth of $3,735. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

PNM Resources, Inc. (PNMR) is an investor-owned holding company of energy and energy-related businesses. The Companys business segments include PNM, TNMP and Corporate and Other. PNM is an electric utility that provides electric generation, transmission, and distribution service to its rate-regulated customers. TNMP is an electric utility providing regulated transmission and distribution services in Texas under the provisions of Texas Electric Choice Act (TECA) and the Texas Public Utility Regulatory Act. The Corporate and Other segment includes PNMR holding company activities, primarily related to corporate level debt and PNMR Services Company. The Companys primary subsidiaries include Public Service Company of New Mexico (PNM) and Texas-New Mexico Power Company (TNMP).

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