Short Interest Update on OGE Energy Corporation (OGE)

OGE Energy Corporation (OGE) : 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 5,332,135 on Jul 29, 2016, to 5,688,701, on August 15, 2016. Daily, 1,062,879 shares are traded, which shows the high interest of the traders in the stock. The net addition of short open interest is 356,566 shares, which is an increase of just 6.7%. The total short interest of 2.9% 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.

OGE Energy Corporation (NYSE:OGE): The stock opened at $31.29 on Wednesday but the bulls could not build on the opening and the stock topped out at $31.36 for the day. The stock traded down to $31.06 during the day, due to lack of any buying support eventually closed down at $31.26 with a loss of -0.10% for the day. The stock had closed at $31.29 on the previous day. The total traded volume was 478,418 shares.


In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (VP – Utility Operations) of Oge Energy Corp., Leger Jean C Jr had sold 10,000 shares worth of $311,700 in a transaction dated August 9, 2016. In this transaction, 10,000 shares were sold at $31.17 per share.

OGE Energy Corp. (OGE Energy) is an energy and energy services provider offering physical delivery and related services for both electricity and natural gas in the south central United States. The Company operates through two business segments: electric utility and natural gas midstream operations. The electric utility segment generates, transmits, distributes and sells electric energy in Oklahoma and western Arkansas. Its operations are conducted through Oklahoma Gas and Electric Company (OG&E), a wholly owned subsidiary of the Company and an electric utility-based in Oklahoma with its franchised service territory at the Fort Smith, Arkansas area. The natural gas midstream operations segment through its investment in Enable Midstream Partners, LP (Enable), through its wholly owned subsidiary OGE Holdings, which is engaged in the business of gathering, processing, transporting and storing natural gas.

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