Anadarko Petroleum Corporation June 15th Short Interest Update

Anadarko Petroleum Corporation (NYSE:APC) has shown a rise of 0.3% or 31,785 shares in the short positions. The bets have increased to 10,925,092 shares on June 15,2016 from 10,893,307 shares on May 31,2016. With respect to the floated shares, the shorts are 2.1%. The days to cover are calculated to be 3, using the standard per day volume of 3,965,374 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.

Anadarko Petroleum Corporation (NYSE:APC): The stock opened at $52.66 on Friday but the bulls could not build on the opening and the stock topped out at $53.30 for the day. The stock traded down to $51.97 during the day, due to lack of any buying support eventually closed down at $52.83 with a loss of -4.85% for the day. The stock had closed at $55.52 on the previous day. The total traded volume was 8,010,912 shares.

The company shares have dropped -32.78% from its 1 Year high price. On Jun 29, 2015, the shares registered one year high at $80.79 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $51.55 and the 200 Day Moving Average price is recorded at $45.99.

Anadarko Petroleum Corporation (NYSE:APC) has tumbled 3.7% during the past week, however, the bigger picture is still very bullish; the stocks have advanced and posted positive gains of 2.52% in the last four weeks. The stocks have underperformed the S&P 500 by 2.1% during the past week but Anadarko Petroleum Corporation (NYSE:APC) it has outperformed the index in 4 weeks by 5.63%.

Anadarko Petroleum Corporation is an independent exploration and production company. The Company is engaged in the exploration, development, production, and marketing of natural gas, oil, condensate, natural gas liquids (NGLs), and anticipated production of liquefied natural gas (LNG). Its assets include United States onshore resource plays in the Rocky Mountains area, the southern United States, the Appalachian basin, and Alaska. The Company has three segments: Oil and gas exploration and production, Midstream and Marketing. Oil and gas exploration and production segment explores for and produces natural gas, oil, condensate, and NGLs, and plans for the development and operation of its LNG project. Midstream segment engages in gathering, processing, treating, and transporting oil, natural-gas, and NGLs production. Marketing segment sells oil, natural-gas, and NGLs production. The Company is also an independent producer in the deepwater Gulf of Mexico.

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