X
<

Snapshot: Utility Stocks' Implied Volatility and Short Interest

PART:
1 2 3
Part 3
Snapshot: Utility Stocks' Implied Volatility and Short Interest PART 3 OF 3

Investors Are Particularly Bearish on These Utility Stocks

NRG Energy

As of September 28, 2016, NRG Energy (NRG) has the highest short interest-to-equity float ratio of all the utility stocks (XLU) at 4.7%. One month ago, its ratio was 5.0%. Three months ago, it was 5.4%.

Investors Are Particularly Bearish on These Utility Stocks

Receive e-mail alerts for new research on CMS:

Interested in CMS?
Don’t miss the next report.

Success!
You are now receiving e-mail alerts for new research. A temporary password for your new Market Realist account has been sent to your e-mail address.

Success!
has been added to your Ticker Alerts.

Success!
has been added to your Ticker Alerts. Subscriptions can be managed in your user profile.

In the last three months, the stock has fallen 22.2%—the most among the utility stocks in the above table. Its net debt-to-EBITDA (earnings before interest, tax, depreciation, and amortization) ratio is 6.5x. Its cash and cash equivalents were $1.8 billion as of 2Q16.

Currently, Consolidated Edison’s (ED) short interest-to-equity float ratio is 3.8%. One month ago, it was 4.5%. Three months ago, it was 3.7%. Its net debt-to-EBITDA ratio is 3.8x. Its cash and cash equivalents were $862 million in 2Q16. The stock has fallen 2.4% in the last three months.

SCANA’s (SCG) short interest-to-equity float ratio is 3.7%. One month ago, it was 3.2%. Three months ago, it was 4.1%. In the last three months, the stock has risen 0.4%. Its net debt-to-EBITDA ratio is 4.3. Its cash and cash equivalents were $86 million in 1Q16.

WEC Energy’s (WEC) short interest-to-equity float ratio is 3.6%. One month ago, it was 3.0%. Three months ago, it was 3.2%. In the last three months, the stock has fallen 4.1%. Its net debt-to-EBITDA ratio is 5.3x. Its cash and cash equivalents were $32.1 million in 2Q16.

CMS Energy’s (CMS) short interest-to-equity float ratio is 3.5%. One month ago, it was 3.7%. Three months ago, it was 3%. Its net debt-to-EBITDA ratio is 4.8x. Its cash and cash equivalents were $403 million in 2Q16. In the last three months, the stock has fallen 4.4%.

CenterPoint Energy (CNP) and Duke Energy’s (DUK) short interest-to-equity float ratios are 2.5% and 2.3%, respectively.

X

Please select a profession that best describes you: