Cabot Oil & Gas Corporation (NYSE:COG), A increase of 1,565,156 shares or 9.9% was observed in the short interest of Cabot Oil & Gas Corporation The interest on June 15,2016 came in at 17,383,513 shares and as per the average daily trading of 4,732,455 shares, the days to cover are 4. The increased interest is 3.8% of the floated shares. The data of May 31,2016 put the interest at 15,818,357 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.
Cabot Oil & Gas Corporation (NYSE:COG): The stock opened at $24.53 on Friday 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 $24.50 during the day, due to lack of any buying support eventually closed down at $24.74 with a loss of -2.02% for the day. The stock had closed at $25.25 on the previous day. The total traded volume was 6,339,596 shares.
The company shares have dropped -21.39% from its 1 Year high price. On Jun 29, 2015, the shares registered one year high at $31.99 and the one year low was seen on Jan 12, 2016. The 50-Day Moving Average price is $24.37 and the 200 Day Moving Average price is recorded at $21.31.
Cabot Oil & Gas Corporation (NYSE:COG) has climbed 0.32% in the past week and advanced 4.79% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 1.99% and the outperformance has advanced to 7.96% for the last 4 weeks period.
Cabot Oil & Gas Corporation is an independent oil and gas company engaged in the development, exploitation and exploration of oil and gas properties. The Companys exploration, development and production operations are primarily concentrated in two plays: the Marcellus Shale in northeast Pennsylvania and the Eagle Ford Shale in south Texas. The Companys Marcellus Shale properties are principally located in Susquehanna County and to a lesser extent Wyoming County, Pennsylvania. The Companys properties in the Eagle Ford Shale are principally located in Atascosa, Frio and La Salle Counties, Texas. The Company also has operations in various other unconventional and conventional plays throughout the continental United States, including the Utica Shale in Pennsylvania; the Cotton Valley, Haynesville, Bossier, and James Lime formations in east Texas, and the Devonian Shale, Big Lime, Weir and Berea in West Virginia.