Xcel Energy June 15th Short Interest Update

Xcel Energy (NYSE:XEL) reported a rise of 10.7% or 1,134,305 shares in its short interest. The short figure came in at 2.3% of the total floats. The average daily volume of 2,670,985 shares suggests that the days to cover 11,725,909 short positions, as on June 15,2016, will be 4. On May 31,2016, the short interest was 10,591,604 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.

Xcel Energy (NYSE:XEL): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $42.34 and $42.25 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $43.67. The buying momentum continued till the end and the stock did not give up its gains. It closed at $43.30, notching a gain of 1.41% for the day. The total traded volume was 7,305,992 . The stock had closed at $42.70 on the previous day.

The company shares have rallied 34.60% from its 1 Year high price. On Jun 24, 2016, the shares registered one year high at $43.67 and the one year low was seen on Jun 30, 2015. The 50-Day Moving Average price is $41.73 and the 200 Day Moving Average price is recorded at $39.54.

Xcel Energy (NYSE:XEL) has climbed 1.05% in the past week and advanced 5.82% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 2.73% and the outperformance has advanced to 9.02% for the last 4 weeks period.

Xcel Energy Inc. is a public utility holding company. The Companys operations include the activity of four wholly owned utility subsidiaries that serve electric and natural gas customers in eight states. These utility subsidiaries are NSP-Minnesota NSP-Wisconsin, Public Service Company of Colorado (PSCo) and Southwestern Public Service Co. (SPS) and serve customers in portions of Colorado, Michigan, Minnesota, New Mexico, North Dakota, South Dakota, Texas and Wisconsin. Its segments include regulated electric utility, regulated natural gas utility and all other. The regulated electric utility segment generates, transmits and distributes electricity in Minnesota, Wisconsin, Michigan, North Dakota, South Dakota, Colorado, Texas and New Mexico. Regulated electric utility also includes commodity trading operations. The regulated natural gas utility segment transports, stores and distributes natural gas primarily in portions of Minnesota, Wisconsin, North Dakota, Michigan and Colorado.

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