Enbridge Energy Management LLC (EEQ) : The short interest in Enbridge Energy Management LLC (EEQ) has changed with an increase of 165,743 shares and the open interest is 17.5%. From 946,285 short positions on Jul 29, 2016, the shorts increased to 1,112,028 shares by August 15, 2016. There are 4 more days left for the expiry and the daily trading volume of the stock is 305,405 shares. The total interest of shorts is 1.6% of the shares available to the public. The short interest information was released on Wednesday Aug 24th after the market close.
Enbridge Energy Management LLC (NYSE:EEQ): The stock opened at $23.88 on Wednesday but the bulls could not build on the opening and the stock topped out at $24.01 for the day. The stock traded down to $23.46 during the day, due to lack of any buying support eventually closed down at $23.59 with a loss of -1.59% for the day. The stock had closed at $23.97 on the previous day. The total traded volume was 121,549 shares.
Enbridge Energy Management, L.L.C. (Enbridge Management), is a limited partner of Enbridge Energy Partners, L.P. (Partnership), through its ownership of i-units, a special class of the Partnerships limited partner interests. The Partnership owns and operates crude oil and liquid petroleum transportation and storage assets and natural gas gathering, treating, processing, transportation and marketing assets in the United States of America. The Enbridge Energy Company, Inc. (General Partner) owns all of its voting shares and is an indirect, wholly owned subsidiary of Enbridge Inc., which is an energy transportation and distribution company, located in Calgary, Alberta and Canada. The Company manages the business and affairs of the Partnership, subject to the General Partners right to approve specified actions.