Short Interest Update on Questar Corporation (STR)

Questar Corporation (STR) : Traders are increasing their bearish positions on the stock, as is visible by the 2.4% jump in the outstanding short positions; a total addition of 56,513 shares on the sell side. On Jul 29, 2016, the total short positions were 2,325,898 shares, which went up to 2,382,411 shares by the close of trading on August 15, 2016. It will take 4 days for the bears to roll over or cover. An average of 578,185 shares exchange hands daily. 1.4% of the float of the stock has been sold short by the bears. The short interest information was released on Wednesday Aug 24th after the market close.

Questar Corporation (NYSE:STR): The stock opened at $24.98 on Wednesday but the bulls could not build on the opening and the stock topped out at $25.02 for the day. The stock traded down to $24.97 during the day, due to lack of any buying support eventually closed down at $24.98 with a loss of -0.04% for the day. The stock had closed at $24.99 on the previous day. The total traded volume was 933,801 shares.


In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (VP & General Counsel) of Questar Corp, Bell Colleen Larkin had sold 1,194 shares worth of $29,862 in a transaction dated June 20, 2016. In this transaction, 1,194 shares were sold at $25.01 per share.

Questar Corporation (Questar) is an integrated natural gas holding company that develops, produces and delivers clean energy in the Rockies, North America. The company, through its subsidiaries is principally engaged in three line of business: Questar Gas Company (Questar Gas), which provides retail natural gas distribution in Utah, Wyoming and Idaho; Wexpro Company (Wexpro) that develops and produces natural gas from cost-of-service reserves for Questar Gas customers, and Questar Pipeline Company, which operates interstate natural gas pipelines and storage facilities in the western United States and provides other energy services. The Company also operates through Questar Fueling Company (Questar Fueling), which builds, owns and operates compressed natural gas (CNG) fueling stations for fleet operators with medium- and heavy-duty trucks and tractors.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *