Short Interest Update on Sempra Energy (SRE)

Sempra Energy (SRE) : The bears are holding on to their shorts in Accenture Plc with 4 more days remaining for them to cover their positions. The bearish positions have increased from 3,541,161 on Jul 29, 2016, to 3,665,738, on August 15, 2016. Daily, 847,958 shares are traded, which shows the high interest of the traders in the stock. The net addition of short open interest is 124,577 shares, which is an increase of just 3.5%. The total short interest of 1.5% 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.

Sempra Energy (NYSE:SRE): The stock opened at $106.80 on Wednesday but the bulls could not build on the opening and the stock topped out at $107.14 for the day. The stock traded down to $105.83 during the day, due to lack of any buying support eventually closed down at $106.80 with a loss of -0.07% for the day. The stock had closed at $106.87 on the previous day. The total traded volume was 727,572 shares.


In a related news, The Securities and Exchange Commission has divulged that Mihalik Trevor I, officer (SVP, Controller and CAO) of Sempra Energy, had unloaded 5,659 shares at an average price of $106.86 in a transaction dated on August 10, 2016. The total value of the transaction was worth $604,721.

Sempra Energy is a holding company. The Companys principal operating units are San Diego Gas & Electric Company (SDG&E) and Southern California Gas Company (SoCalGas); Sempra International, which includes Sempra South American Utilities and Sempra Mexico segments, and Sempra U.S. Gas & Power, which includes Sempra Renewables and Sempra Natural Gas segments. Sempra Mexico segment includes the operating companies of the Companys subsidiary, Infraestructura Energetica Nova, S.A.B. de C.V., as well as certain holding companies and risk management activity. SoCalGas and SDG&E sell, distribute and transport natural gas. The Companys units distribute electricity. SoCalGas also provides natural gas storage services.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.