The short interest in Cheniere Energy (NYSEMKT:LNG) has increased from 22,189,005 on May 31,2016 to 22,768,968 on June 15,2016. The change was measured at 579,963 shares or 2.6%. The leftover shorts were 10% of the floated shares. The days to cover are 10, given the average daily volume of 2,294,952 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.
Cheniere Energy (NYSEMKT:LNG): The stock opened at $35.09 on Friday but the bulls could not build on the opening and the stock topped out at $36.67 for the day. The stock traded down to $34.37 during the day, due to lack of any buying support eventually closed down at $34.80 with a loss of -7.62% for the day. The stock had closed at $37.67 on the previous day. The total traded volume was 5,027,499 shares.
The company shares have dropped -49.19% from its 1 Year high price. On Aug 10, 2015, the shares registered one year high at $71.11 and the one year low was seen on Feb 8, 2016. The 50-Day Moving Average price is $34.05 and the 200 Day Moving Average price is recorded at $34.38.
Cheniere Energy (NYSEMKT:LNG) has climbed 0.84% in the past week and advanced 6.19% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 2.51% and the outperformance has advanced to 9.41% for the last 4 weeks period.
Cheniere Energy, Inc. is an energy company engaged in Liquefied natural gas (LNG) businesses. The Company operates through two segments: LNG terminal business, and LNG and natural gas marketing business The Company owns and operates the Sabine Pass LNG terminal in Louisiana through its ownership interest in and management agreements with Cheniere Energy Partners, L.P. (Cheniere Partners), which is a publicly traded limited partnership. The Company owns 100% of the general partner interest in Cheniere Partners and 80.1% of Cheniere Energy Partners LP Holdings, LLC (Cheniere Holdings), which is a publicly traded limited liability company that owns a 55.9% limited partner interest in Cheniere Partners. The Company is engaged in the development of two LNG terminal projects: the Sabine Pass LNG terminal in western Cameron Parish, Louisiana, and the Corpus Christi LNG terminal near Corpus Christi, Texas.