National Fuel Gas Company (NFG) has 1,743,564 shares of shorts outstanding as on August 15, 2016, with 6 days left to cover or roll them over. On Jul 29, 2016, the open interest of short positions was 1,934,168 shares. The stock has a decent trading volume of 287,096 shares daily. The marginal decrease in the short positions is by -9.9%, which amounts to -190,604 shares. Short positions are 2.2% of the available float. The short interest information was released on Wednesday Aug 24th after the market close.
National Fuel Gas Company (NYSE:NFG): The stock opened at $58.04 on Wednesday but the bulls could not build on the opening and the stock topped out at $58.17 for the day. The stock traded down to $57.66 during the day, due to lack of any buying support eventually closed down at $58.17 with a loss of -0.15% for the day. The stock had closed at $58.26 on the previous day. The total traded volume was 244,308 shares.
In a related news, The Securities and Exchange Commission has divulged that Ciprich Paula M, Officer (Sr Vp, Gen Counsel & Sec) of NATIONAL FUEL GAS CO, had unloaded 15,000 shares at an average price of $56.05 in a transaction dated on June 23, 2016. The total value of the transaction was worth $840,750.
National Fuel Gas Company is a holding company. The Company is an energy company engaged in the production, gathering, transportation, distribution and marketing of natural gas. The Company operates through five segments: Exploration and Production, including operations carried out through its subsidiary, Seneca Resources Corporation; Pipeline and Storage, including operations carried out through its subsidiaries, National Fuel Gas Supply Corporation and Empire Pipeline, Inc.; Gathering, including operations carried out through subsidiaries of National Fuel Gas Midstream Corporation; Utility, including operations are carried out by through its subsidiary, Distribution Corporation, and Energy Marketing, including operations carried out through its subsidiary, National Fuel Resources, Inc. The Company operates an integrated business, with assets centered in western New York and Pennsylvania. The Company also develops and produces oil reserves, primarily in California.