Kinder Morgan June 15th Short Interest Update

Kinder Morgan (NYSE:KMI), A drop of 4,973,756 shares or 12.9% was seen in the short interest of Kinder Morgan Inc. Even as the interest dropped from 38,648,685 shares on May 31,2016 to 33,674,929 shares on June 15,2016, the days to cover came in at 3. The updated interest stood at 1.8% of the stocks floats. The stock has seen an average daily volume of 12,552,468 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.

Kinder Morgan (NYSE:KMI): The stock opened at $17.85 on Friday but the bulls could not build on the opening and the stock topped out at $18.42 for the day. The stock traded down to $17.85 during the day, due to lack of any buying support eventually closed down at $17.99 with a loss of -4.81% for the day. The stock had closed at $18.90 on the previous day. The total traded volume was 26,780,706 shares.

The company shares have dropped -53.10% from its 1 Year high price. On Jun 29, 2015, the shares registered one year high at $39.11 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $17.74 and the 200 Day Moving Average price is recorded at $16.91.

Kinder Morgan (NYSE:KMI) has tumbled 0.28% during the past week, however, the bigger picture is still very bullish; the stocks have advanced and posted positive gains of 0.78% in the last four weeks. In the past week, the company has outperformed the S&P 500 by 1.38% and the outperformance has advanced to 3.83% for the last 4 weeks period.

Kinder Morgan, Inc. (KMI) is an energy infrastructure and energy company in North America. The Company operates through six segments: Natural Gas Pipelines, CO2, Terminals, Products Pipelines, Kinder Morgan Canada and Other. The Natural Gas Pipelines segment includes interstate and intrastate pipelines and its liquefied natural gas (LNG) terminals. The CO2 business segment produces, transports, and markets CO2. The Terminals segment includes the operations of its petroleum, chemical, ethanol and other liquids terminal facilities and all of its coal, petroleum coke, fertilizer, steel, ores and other dry-bulk material services facilities. The Products Pipelines segment consists of refined petroleum products, crude oil and condensate, and NGL pipelines and associated terminals, Southeast terminals, and its transmix processing facilities. The Kinder Morgan Canada segment includes its 100% owned and operated Trans Mountain pipeline system and a 25-mile Jet Fuel pipeline system.

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