Short Interest Update on Enbridge Inc (ENB)

Enbridge Inc (ENB) : The bears are holding on to their shorts in Accenture Plc with 13 more days remaining for them to cover their positions. The bearish positions have increased from 10,933,506 on Jul 29, 2016, to 11,207,648, on August 15, 2016. Daily, 863,327 shares are traded, which shows the high interest of the traders in the stock. The net addition of short open interest is 274,142 shares, which is an increase of just 2.5%. The total short interest of 1.2% of the float indicates that there arent many bears on this stock at the current prices. The short interest information was released on Wednesday Aug 24th after the market close.

Enbridge Inc (NYSE:ENB): The stock opened at $41.26 on Wednesday but the bulls could not build on the opening and the stock topped out at $41.39 for the day. The stock traded down to $40.65 during the day, due to lack of any buying support eventually closed down at $40.70 with a loss of -1.97% for the day. The stock had closed at $41.52 on the previous day. The total traded volume was 610,462 shares.


Enbridge Inc. (Enbridge) is an energy transportation and distribution company. The Company operates in five segments: Liquids Pipelines; Gas Distribution; Gas Pipelines, Processing and Energy Services; Sponsored Investments, and Corporate. Liquids Pipelines segment owns and operates crude oil and other liquid hydrocarbons pipelines and terminals. Gas Distribution consists of the Companys natural gas utility operations. Gas Pipelines, Processing and Energy Services segment consists of investments in natural gas pipelines, gathering and processing facilities and the Companys energy services businesses, along with renewable energy and transmission facilities. Sponsored Investments includes the Companys 33.7% economic interest in Enbridge Energy Partners, L.P. (EEP), and Enbridges interests in both the Eastern Access and Lakehead System Mainline expansion projects held through Enbridge Energy, Limited Partnership (EELP). The Corporate segment includes an investment in Noverco Inc.

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