CMS Energy Corporation June 15th Short Interest Update

The short interest in CMS Energy Corporation (NYSE:CMS) has increased from 8,218,097 on May 31,2016 to 8,413,242 on June 15,2016. The change was measured at 195,145 shares or 2.4%. The leftover shorts were 3% of the floated shares. The days to cover are 5, given the average daily volume of 1,621,984 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.

CMS Energy Corporation (NYSE:CMS): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $43.39 and $43.16 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $44.75. The buying momentum continued till the end and the stock did not give up its gains. It closed at $44.36, notching a gain of 1.77% for the day. The total traded volume was 5,156,913 . The stock had closed at $43.59 on the previous day.

The company shares have rallied 40.42% from its 1 Year high price. On Jun 24, 2016, the shares registered one year high at $44.75 and the one year low was seen on Jun 30, 2015. The 50-Day Moving Average price is $42.31 and the 200 Day Moving Average price is recorded at $39.89.

CMS Energy Corporation (NYSE:CMS) has climbed 1.23% in the past week and advanced 6.66% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 2.91% and the outperformance has advanced to 9.89% for the last 4 weeks period.

CMS Energy Corporation (CMS Energy) is an energy company. The Company operates in three segments: consumers electric utility, consumers gas utility and enterprises. CMS Energy is engaged in independent power production and owns power generation facilities fueled by natural gas and biomass. Its subsidiaries include Consumers Energy Company (Consumers) and CMS Enterprises Company (CMS Enterprises). Consumers is an electric and gas utility, and CMS Enterprises is a domestic independent power producer. The Consumers electric utility segments operations include the generation, purchase, distribution and sale of electricity. CMS Energys enterprises segment is engaged in domestic independent power production and the marketing of independent power production. Consumers gas utility operations include the purchase, transmission, storage, distribution and sale of natural gas.

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