Cloud Peak Energy Inc (NYSE:CLD), According to the latest information the short interest in Cloud Peak Energy Inc plummeted by 0.6% or 103,146 shares. The final shorts are 26.6% of the total floated shares. The positions dropped from 16,038,701 shares on May 31,2016 to 15,935,555 on June 15,2016. According to the per-day average trading of 901,210 shares, the days to cover are 18. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.
Cloud Peak Energy Inc (NYSE:CLD): The stock opened at $1.97 on Friday but the bulls could not build on the opening and the stock topped out at $2.09 for the day. The stock traded down to $1.89 during the day, due to lack of any buying support eventually closed down at $1.92 with a loss of -8.57% for the day. The stock had closed at $2.10 on the previous day. The total traded volume was 7,410,492 shares.
The company shares have dropped -62.57% from its 1 Year high price. On Jun 29, 2015, the shares registered one year high at $5.22 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $1.98 and the 200 Day Moving Average price is recorded at $1.92.
Cloud Peak Energy Inc (NYSE:CLD) has tumbled 6.34% during the past week, however, the bigger picture is still very bullish; the stocks have advanced and posted positive gains of 14.29% in the last four weeks. The stocks have underperformed the S&P 500 by 4.79% during the past week but Cloud Peak Energy Inc (NYSE:CLD) it has outperformed the index in 4 weeks by 17.74%.
Cloud Peak Energy Inc. is a holding company that manages its 100% owned subsidiary, Cloud Peak Energy Resources LLC (CPE Resources). The Company is a producer of coal in the United States of America and the Powder River basin (PRB). The Company operates in three segments: Owned and Operated Mines, Logistics and Related Activities, and Corporate and Other. The Owned and Operated Mines segment focuses on thermal coal production. The Logistics and Related Activities segment delivers coal to the customer at a terminal or the customers plant or other delivery point, remote from its mine site. The Corporate and Other segment includes results relating to broker activity, its share of the Decker mine operations. The Company operates in the PRB, where it operates three surface coal mines, which include the Antelope Mine, the Cordero Rojo Mine and the Spring Creek Mine. It also has two development projects, including the Youngs Creek project and the Crow project.