Short Interest Update on Dominion Resources (D)

Dominion Resources (D) : The bears are holding on to their shorts in Accenture Plc with 5 more days remaining for them to cover their positions. The bearish positions have increased from 14,715,448 on Jul 29, 2016, to 16,730,965, on August 15, 2016. Daily, 3,281,241 shares are traded, which shows the high interest of the traders in the stock. The net addition of short open interest is 2,015,517 shares, which is an increase of just 13.7%. The total short interest of 2.7% of the float indicates that there arent many bears on this stock at the current prices. The short interest information was released on Wednesday Aug 24th after the market close.

Dominion Resources (NYSE:D): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $75.60 and $75.43 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $76.22. The buying momentum continued till the end and the stock did not give up its gains. It closed at $76.12, notching a gain of 0.38% for the day. The total traded volume was 2,155,391 . The stock had closed at $75.83 on the previous day.


In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (Senior Vice President) of Dominion Resources Inc /Va/, Blue Robert M had sold 3,088 shares worth of $216,561 in a transaction dated February 5, 2016. In this transaction, 3,088 shares were sold at $70.13 per share.

Dominion Resources, Inc. (Dominion) is a producer and transporter of energy. The Company is a provider of electricity, natural gas and related services to customers in the eastern region of the United States. The Company operates in three segments: Dominion Virginia Power (DVP), Dominion Generation and Dominion Energy. As of December 31, 2014, the Companys portfolio of assets includes approximately 24,600 megawatt (MW) of generating capacity; 6,400 miles of electric transmission lines; 57,100 miles of electric distribution lines; 10,900 miles of natural gas transmission, gathering and storage pipeline, and 21,900 miles of gas distribution pipeline, exclusive of service lines. Dominions operations are conducted through various subsidiaries, including Virginia Power and Dominion Gas. The Company also operates one of the underground natural gas storage systems, with approximately 947 billion cubic feet (bcf) of storage capacity.

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